Chandan Chopra - May 15, 2023 Form 4 Insider Report for Katapult Holdings, Inc. (KPLT)

Role: Chief Technology Officer
Signature: /s/ By: Christopher Towers, as Attorney-in-Fact for Chandan Chopra
Stock symbol: KPLT
Transactions as of: May 15, 2023
Transactions value $: -$6,370
Form type: 4
Date filed: 5/17/2023, 04:13 PM
Previous filing: Mar 17, 2023
Next filing: Jun 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KPLT	Common Stock	Options Exercise	$0	+19.7K	+4.21%	$0.00	486K	May 15, 2023	Direct	F1
transaction	KPLT	Common Stock	Tax liability	-$6.37K	-8.85K	-1.82%	$0.72	477K	May 15, 2023	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	-12.5%	$0.00	138K	May 15, 2023	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. 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 awards of RSUs originally granted on September 9, 2021 and March 15, 2022.
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.