Orlando Zayas - Feb 15, 2023 Form 4 Insider Report for Katapult Holdings, Inc. (KPLT)

Role: Chief Executive Officer, Director
Signature: /s/ By: Christopher Towers, as Attorney-in-Fact for Orlando Zayas
Stock symbol: KPLT
Transactions as of: Feb 15, 2023
Transactions value $: -$23,299
Form type: 4
Date filed: 2/17/2023, 03:24 PM
Previous filing: Jan 5, 2023
Next filing: Mar 17, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KPLT	Common Stock	Options Exercise	$0	+23K	+0.8%	$0.00	2.9M	Feb 15, 2023	Direct	F1
transaction	KPLT	Common Stock	Tax liability	-$6.58K	-6.83K	-0.24%	$0.96	2.89M	Feb 15, 2023	Direct	F2
transaction	KPLT	Common Stock	Sale	-$16.7K	-17.4K	-0.6%	$0.96	2.87M	Feb 15, 2023	Direct	F3, F4

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	-11.11%	$0.00	184K	Feb 15, 2023	Common Stock	23K		Direct	F1, F5

* 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	This transaction was effective pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 6, 2022.
F4	The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $0.926 to $0.995. The reporting person undertakes to provide to Katapult Holdings, Inc., any security holder of Katapult Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares and prices at which the transaction was effected.
F5	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.