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

Role
Interim CEO, Director
Signature
/s/ Nicholas J. Bigney, attorney-in-fact
Issuer symbol
KITT
Transactions as of
22 Feb 2024
Net transactions value
$0
Form type
4
Filing time
26 Feb 2024, 20:11:45 UTC
Previous filing
11 Oct 2023
Next filing
15 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KITT Common Stock 28,805 22 Feb 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 +2,100,000 +1807% $0.000000 2,216,230 22 Feb 2024 Common Stock 2,100,000 Direct F1, F2
transaction KITT Restricted Stock Units Award $0 +1,877,950 +85% $0.000000 4,094,180 22 Feb 2024 Common Stock 1,877,950 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