John W. Gibson Jr. - 13 Mar 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
13 Mar 2024
Net transactions value
-$66,970
Form type
4
Filing time
15 Mar 2024, 19:56:10 UTC
Previous filing
26 Feb 2024
Next filing
27 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KITT Common Stock Options Exercise +938,975 +3260% 967,780 13 Mar 2024 Direct F1
transaction KITT Common Stock Sale $66,970 -352,475 -36% $0.1900 615,305 13 Mar 2024 Direct F1

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 Options Exercise $0 -938,975 -23% $0.000000 3,155,205 13 Mar 2024 Common Stock 938,975 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sell-Cover; cash proceeds delivered to the issuer to satisfy tax withholding upon vesting.
F2 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.
F3 100% of the RSU's vest on October 9, 2024.