Christopher Towers - Feb 28, 2022 Form 4 Insider Report for Katapult Holdings, Inc. (KPLT)

Role: Chief Accounting Officer
Signature: /s/ Tahmineh Maloney, as Attorney-in-Fact for Christopher Towers
Stock symbol: KPLT
Transactions as of: Feb 28, 2022
Transactions value $: -$19,383
Form type: 4
Date filed: 3/2/2022, 07:22 PM
Previous filing: Sep 13, 2021
Next filing: Mar 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KPLT	Common Stock	Options Exercise	$0	+19.7K	+714.69%	$0.00	22.4K	Feb 28, 2022	Direct	F1
transaction	KPLT	Common Stock	Tax liability	-$19.4K	-8.21K	-36.66%	$2.36	14.2K	Feb 28, 2022	Direct	F2

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	KPLT	Restricted Stock Units	Options Exercise	$0	-19.7K	-25%	$0.00	59K	Feb 28, 2022	Common Stock	19.7K		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units ("RSUs") convert into shares of the Issuer's Common Stock on a one-for-one basis. This transaction represents the settlement of vested RSUs in shares of the Issuer's Common Stock.
F2	Shares reported were withheld for payment of taxes associated with the vesting of 25% of an award of RSUs originally granted on September 9, 2021.
F3	On September 9, 2021, the Reporting Person was granted RSUs, of which the remaining 58,962 unvested RSUs will vest in twelve substantially equal quarterly installments, subject to the Reporting Person's continued employment with the Issuer on each applicable vesting date.