William Flores - 22 Nov 2024 Form 4 Insider Report for Nauticus Robotics, Inc. (KITT)

Role
Director
Signature
/s/ Victoria Hay, Attorney in Fact
Issuer symbol
KITT
Transactions as of
22 Nov 2024
Net transactions value
+$6,733
Form type
4
Filing time
26 Nov 2024, 17:46:18 UTC
Previous filing
20 Nov 2024
Next filing
09 Dec 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 Purchase $1,038 +1,000 +24% $1.04 5,117 22 Nov 2024 Direct F1
transaction KITT Common Stock Purchase $2,032 +2,055 +40% $0.9889 7,172 25 Nov 2024 Direct F1
transaction KITT Common Stock Purchase $3,662 +3,828 +53% $0.9567 11,000 25 Nov 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
holding KITT Restricted Stock Units 29,501 22 Nov 2024 Common Stock 29,501 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Holdings reflect 1-for-36 reverse stock split on July 18, 2024.
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, and vesting (i.e., forfeiture restriction termination) generally is subject to the reporting person remaining an employee or director of the Company, its affiliates or subsidiaries.
F3 The RSUs vest on the earlier of (i) May 28, 2025, or (ii) the date immediately preceding the Company's 2025 annual meeting of stockholders