Joanne Wang - 25 Oct 2022 Form 4 Insider Report for Karat Packaging Inc. (KRT)

Role: Chief Operating Officer, Director
Signature: /s/ Joanne Tzu Jung Wang
Issuer symbol: KRT
Transactions as of: 25 Oct 2022
Net transactions value: -$154,062
Form type: 4
Filing time: 27 Oct 2022, 18:36:54 UTC
Previous filing: 17 Oct 2022
Next filing: 10 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KRT	Common Stock	Tax liability	$107,113	-7,905	-29%	$13.55	19,052	25 Oct 2022	Direct	F1
transaction	KRT	Common Stock	Tax liability	$46,950	-3,229	-17%	$14.54	15,823	25 Oct 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.10 to $14.03, inclusive. The reporting person undertakes to provide Karat Packaging Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in these footnotes.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.10 to $14.99, inclusive.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.10 to $14.03, inclusive. The reporting person undertakes to provide Karat Packaging Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in these footnotes.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.10 to $14.99, inclusive.