John W. Gibson Jr. - 21 Feb 2025 Form 4 Insider Report for Nauticus Robotics, Inc. (KITT)

Signature
/s/ John Symington, Attorney in Fact
Issuer symbol
KITT
Transactions as of
21 Feb 2025
Net transactions value
-$7,680
Form type
4
Filing time
25 Feb 2025, 17:55:21 UTC
Previous filing
07 Jan 2025
Next filing
24 Feb 2026

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KITT Common Stock Options Exercise $0 +19,445 +21% $0.000000 114,051 21 Feb 2025 Direct
transaction KITT Common Stock Sale $7,680 -6,919 -6.1% $1.11 107,132 21 Feb 2025 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 -19,445 -33% $0.000000 38,889 21 Feb 2025 Common Stock 19,445 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, and vesting generally is subject to the reporting person remaining an employee or director of the Company, its affiliates or subsidiaries.
F3 RSUs vest pro-rata over three years on February 21, 2025, February 21, 2026 and February 21, 2027

Remarks:

All amounts reported reflect the reverse stock split of 1 for 36 on July 18, 2024.