Donald Gayhardt - Jun 6, 2023 Form 4 Insider Report for Katapult Holdings, Inc. (KPLT)

Role
Director, 10%+ Owner
Signature
/s/ By: Christopher Towers, as Attorney-in-Fact for Don Gayhardt
Stock symbol
KPLT
Transactions as of
Jun 6, 2023
Transactions value $
$0
Form type
4
Date filed
6/8/2023, 08:50 PM
Previous filing
Nov 17, 2022
Next filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KPLT Common Stock Options Exercise $0 +23.8K +18.61% $0.00 152K Jun 6, 2023 Direct F1
transaction KPLT Common Stock Award $0 +238K +156.86% $0.00 390K Jun 6, 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 -23.8K -100% $0.00* 0 Jun 6, 2023 Common Stock 23.8K 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 deferral of settlement of 23,810 vested RSUs pursuant to the Reporting Person's election under the Issuer's Non-Employee Directors Deferred Compensation Plan.
F2 Annual grant of deferred restricted stock units ("DSUs") for service as a director of the Issuer. Each DSU vests 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, and represents a contingent right to receive one share of the Issuer's common stock.
F3 On September 9, 2021, the Reporting Person was granted RSUs, of which the remaining 23,810 vested on June 6, 2023. Settlement of the remaining DSUs is deferred upon vesting pursuant to the Reporting Person's election under the Issuer's Non-Employee Directors Deferred Compensation Plan