Nicholas J. Bigney - Jan 31, 2024 Form 4 Insider Report for Nauticus Robotics, Inc. (KITT)

Signature
/s/ Nicholas J. Bigney
Stock symbol
KITT
Transactions as of
Jan 31, 2024
Transactions value $
$0
Form type
4
Date filed
2/2/2024, 08:00 PM
Previous filing
Nov 9, 2023

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 KITT RSU Award $0 +574K +138.94% $0.00 986K Jan 31, 2024 Common Stock 574K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") is issued pursuant to Nauticus Robotics, Inc.'s 2022 Omnibus Incentive Plan and represents a contingent right to receive one share of common stock. Vesting (i.e., forfeiture restriction termination) generally is subject to the reporting person remaining an employee or director of the Company, its affiliates, or subsidiaries.
F2 The RSUs will vest in three annual installments commencing on January 31, 2025.