CHRISTOPHER A. MASTO - 06 Jun 2023 Form 4 Insider Report for Katapult Holdings, Inc. (KPLT)

Signature
/s/ By: Christopher Towers, as Attorney-in-Fact for Chris Masto
Issuer symbol
KPLT
Transactions as of
06 Jun 2023
Net transactions value
$0
Form type
4
Filing time
08 Jun 2023, 20:42:03 UTC
Previous filing
05 Apr 2023
Next filing
07 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KPLT Common Stock Options Exercise $0 +23,810 +19% $0.000000 151,786 06 Jun 2023 Direct F1
transaction KPLT Common Stock Award $0 +238,095 +157% $0.000000 389,881 06 Jun 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 -23,810 -100% $0.000000* 0 06 Jun 2023 Common Stock 23,810 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 6, 2024 and (ii) the date of the Issuer's 2024 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 vested on June 6, 2023.