Daniel Quire - May 12, 2024 Form 4 Insider Report for Karat Packaging Inc. (KRT)

Role
Chief Revenue Officer
Signature
/s/ Daniel Quire
Stock symbol
KRT
Transactions as of
May 12, 2024
Transactions value $
$0
Form type
4
Date filed
5/13/2024, 04:05 PM
Previous filing
Mar 14, 2024
Next filing
May 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRT Common Stock Options Exercise +8K +140.55% 13.7K May 12, 2024 Direct F1

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 -8K -33.33% $0.00 16K May 12, 2024 Common Stock 8K 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 restricted stock units ("RSUs").
F2 The RSUs convert into common stock on a one-for-one basis.
F3 On March 12, 2024, the reporting person was granted 24,000 RSUs. These RSUs were scheduled to vest in three equal, annual installments beginning on May 12, 2024.