John W. Gibson Jr - Mar 13, 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
Mar 13, 2024
Transactions value $
-$66,970
Form type
4
Date filed
3/15/2024, 07:56 PM
Previous filing
Feb 26, 2024
Next filing
Nov 27, 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 +939K +3259.76% 968K Mar 13, 2024 Direct F1
transaction KITT Common Stock Sale -$67K -352K -36.42% $0.19 615K Mar 13, 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 -939K -22.93% $0.00 3.16M Mar 13, 2024 Common Stock 939K 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.