Victoria Hay - Dec 8, 2024 Form 4 Insider Report for Nauticus Robotics, Inc. (KITT)

Signature
/s/ John Symington, Attorney in Fact
Stock symbol
KITT
Transactions as of
Dec 8, 2024
Transactions value $
$850
Form type
4
Date filed
12/10/2024, 06:03 PM
Previous filing
Dec 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KITT Common Stock Options Exercise $1.23K +1.11K $1.11 1.11K Dec 8, 2024 Direct F1
transaction KITT Common Stock Sale -$384 -359 -32.28% $1.07 753 Dec 10, 2024 Direct F1, F2

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 -1.11K -100% $0.00 0 Dec 8, 2024 Common Stock 1.11K Direct F1, F3, F4
* 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 Sell-Cover; cash proceeds delivered to the issuer to satisfy tax withholding upon vesting.
F3 Each Restricted Stock Unit ("RSU"), issued on December 8, 2023, was 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 other service provider) or director of the Company, its affiliates or subsidiaries.
F4 The RSUs will vest at the earlier of Mrs. Hay's departure and one year from the date of grant.