Jian Guo - 01 Feb 2023 Form 4 Insider Report for Karat Packaging Inc. (KRT)

Role
Chief Financial Officer
Signature
/s/ Jian Guo
Issuer symbol
KRT
Transactions as of
01 Feb 2023
Transactions value $
$0
Form type
4
Filing time
01 Feb 2023, 19:40:52 UTC
Previous filing
17 Nov 2022
Next filing
11 Aug 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 Options Exercise +3.75K +937.5% 4.15K 01 Feb 2023 Direct F1
holding KRT Common Stock 500 01 Feb 2023 By spouse

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 KRT Restricted Stock Units Options Exercise $0 -3.75K -50% $0.00 3.75K 01 Feb 2023 Common Stock 3.75K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Karat Packaging Inc.'s (the "Company") common stock received upon the vesting of the restricted stock units (the "RSUs").
F2 The RSUs convert into common stock on a one-for-one basis.
F3 On February 1, 2022, the reporting person was granted 7,500 RSUs. These RSUs were scheduled to vest in two equal, annual installments beginning on February 1, 2023.