Brian Hirsch - Jun 7, 2022 Form 4 Insider Report for Katapult Holdings, Inc. (KPLT)

Role
Director
Signature
/s/ By: Tahmineh Maloney, as Attorney-in-Fact for Brian Hirsch
Stock symbol
KPLT
Transactions as of
Jun 7, 2022
Transactions value $
$0
Form type
4
Date filed
6/9/2022, 09:28 PM
Previous filing
Jun 7, 2022
Next filing
Nov 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KPLT Common Stock Options Exercise $0 +23.8K +10.13% $0.00 259K Jun 7, 2022 Direct F1
transaction KPLT Common Stock Award $0 +104K +40.25% $0.00 363K Jun 7, 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 -23.8K -50% $0.00 23.8K Jun 7, 2022 Common Stock 23.8K 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. The transaction represents the settlement of vested RSUs in shares of the Issuer's Common Stock.
F2 Annual grant of RSUs for service as a director of the Issuer. The RSUs vest on the earlier of (i) June 7, 2023 and (ii) the date of the Issuer's 2023 Annual Meeting of Stockholders; subject to the Reporting Person's continued service as a director of the Issuer through the vesting date.
F3 On September 9, 2021, the Reporting Person was granted RSUs, of which the remaining 23,810 unvested RSUs will vest on the earlier of (i) June 15, 2023 and (ii) the date of the Issuer's 2023 Annual Meeting of Stockholders; subject to the Reporting Person's continued service as a director of the Issuer through the vesting date.