Jian Guo - Feb 1, 2024 Form 4 Insider Report for Karat Packaging Inc. (KRT)

Role
Chief Financial Officer
Signature
/s/ Jian Guo
Stock symbol
KRT
Transactions as of
Feb 1, 2024
Transactions value $
$0
Form type
4
Date filed
2/2/2024, 05:10 PM
Previous filing
Aug 11, 2023
Next filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRT Common Stock Options Exercise +3.75K +64.63% 9.55K Feb 1, 2024 Direct F1
holding KRT Common Stock 500 Feb 1, 2024 By spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KRT Restricted Stock Units Options Exercise $0 -3.75K -100% $0.00* 0 Feb 1, 2024 Common Stock 3.75K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Karat Packaging Inc.'s common stock received upon the vesting of the restricted stock units (the "RSUs").
F2 The RSUs convert into common stock on a one-for-one basis.
F3 On February 1, 2022, the reporting person was granted 7,500 RSUs. These RSUs were scheduled to vest in two equal, annual installments beginning on February 1, 2023.