Chandan Chopra - Feb 15, 2024 Form 4 Insider Report for Katapult Holdings, Inc. (KPLT)

Signature
/s/ By: Christopher Towers, as Attorney-in-Fact for Chandan Chopra
Stock symbol
KPLT
Transactions as of
Feb 15, 2024
Transactions value $
-$9,514
Form type
4
Date filed
2/21/2024, 05:11 PM
Previous filing
Nov 17, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KPLT Common Stock Options Exercise $0 +786 +3.62% $0.00 22.5K Feb 15, 2024 Direct F1
transaction KPLT Common Stock Tax liability -$9.51K -649 -2.89% $14.66 21.8K Feb 15, 2024 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 -786 -20% $0.00 3.14K Feb 15, 2024 Common Stock 786 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 an award 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.