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

Signature
/s/ By: Christopher Towers, as Attorney-in-Fact for Orlando Zayas
Stock symbol
KPLT
Transactions as of
Aug 15, 2022
Transactions value $
-$8,724
Form type
4
Date filed
8/17/2022, 04:56 PM
Previous filing
Jun 7, 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 +23K +0.78% $0.00 2.98M Aug 15, 2022 Direct F1
transaction KPLT Common Stock Tax liability -$8.72K -5.59K -0.19% $1.56 2.98M 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 -23K -9.09% $0.00 230K Aug 15, 2022 Common Stock 23K 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.