CHRISTOPHER A. MASTO - 09 Sep 2021 Form 4 Insider Report for Katapult Holdings, Inc. (KPLT)

Signature
/s/ Chris Masto
Issuer symbol
KPLT
Transactions as of
09 Sep 2021
Net transactions value
$0
Form type
4
Filing time
13 Sep 2021, 21:43:40 UTC
Previous filing
21 Jun 2021
Next filing
13 Dec 2021

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 KPLT Restricted Stock Units Award $0 +47,619 $0.000000 47,619 09 Sep 2021 Common Stock 47,619 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2 The RSUs will vest in two equal installments over a two-year period, with (a) 50% of the RSUs becoming vested on the earlier of (i) June 15, 2022 and (ii) the date of the Issuer's 2022 Annual Meeting of Stockholders; and (b) 50% of the RSUs becoming vested on the earlier of (i) June 15, 2023 and (ii) the date of the Issuer's 2023 Annual Meeting of Stockholders, with each vesting date subject to the Reporting Person's continued service as a director of the Issuer.