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

Signature
/s/ By: Christopher Towers
Issuer symbol
KPLT
Transactions as of
15 Feb 2024
Net transactions value
-$4,017
Form type
4
Filing time
21 Feb 2024, 17:17:49 UTC
Previous filing
17 Nov 2023
Next filing
19 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KPLT Common Stock Options Exercise $0 +197 +1.8% $0.000000 11,334 15 Feb 2024 Direct F1
transaction KPLT Common Stock Tax liability $4,017 -274 -2.4% $14.66 11,060 15 Feb 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 -197 -20% $0.000000 785 15 Feb 2024 Common Stock 197 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.