John W. Gibson Jr - Feb 22, 2024 Form 4 Insider Report for Nauticus Robotics, Inc. (KITT)

Role
Interim CEO, Director
Signature
/s/ Nicholas J. Bigney, attorney-in-fact
Stock symbol
KITT
Transactions as of
Feb 22, 2024
Transactions value $
$0
Form type
4
Date filed
2/26/2024, 08:11 PM
Previous filing
Oct 11, 2023
Next filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KITT Common Stock 28.8K Feb 22, 2024 Direct

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 KITT Restricted Stock Units Award $0 +2.1M +1806.76% $0.00 2.22M Feb 22, 2024 Common Stock 2.1M Direct F1, F2
transaction KITT Restricted Stock Units Award $0 +1.88M +84.74% $0.00 4.09M Feb 22, 2024 Common Stock 1.88M Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") is issued pursuant to the Company's 2022 Omnibus Incentive Plan and represents a contingent right to receive one share of common stock.
F2 RSUs vest ratably over three years on the anniversary of grant.
F3 Award in respect of bonus under prior contract. 50% vest upon grant and 50% vest on January 1, 2025

Remarks:

Exhibit 24 Power of Attorney