Derek Medlin - Aug 15, 2022 Form 4 Insider Report for Katapult Holdings, Inc. (KPLT)

Role: Chief Operating Officer
Signature: /s/ By: Christopher Towers, as Attorney-in-Fact for Derek Medlin
Stock symbol: KPLT
Transactions as of: Aug 15, 2022
Transactions value $: -$2,618
Form type: 4
Date filed: 8/17/2022, 04:55 PM
Previous filing: May 18, 2022
Next filing: Nov 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KPLT	Common Stock	Options Exercise	$0	+6.89K	+0.77%	$0.00	901K	Aug 15, 2022	Direct	F1
transaction	KPLT	Common Stock	Tax liability	-$2.62K	-1.68K	-0.19%	$1.56	900K	Aug 15, 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	-6.89K	-8.33%	$0.00	75.8K	Aug 15, 2022	Common Stock	6.89K		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	Shares reported were withheld for the payment of taxes associated with the quarterly vesting of 6.25% 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 unvested RSUs will vest in eleven substantially equal quarterly installments, subject to the Reporting Person's continued employment with the Issuer on each applicable vesting date.