Orlando Zayas - Nov 7, 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
Nov 7, 2023
Transactions value $
-$46,447
Form type
4
Date filed
11/9/2023, 05:39 PM
Previous filing
Sep 20, 2023
Next filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KPLT Common Stock Sale -$1.25K -100 -0.08% $12.50 133K Nov 7, 2023 Direct F1
transaction KPLT Common Stock Sale -$42.2K -3.32K -2.5% $12.70 129K Nov 8, 2023 Direct F1, F2
transaction KPLT Common Stock Sale -$3K -240 -0.19% $12.50 129K Nov 9, 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effective pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 13, 2023.
F2 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $12.50 to $12.96. 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.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $12.50 to $12.60. 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.