Dilshad Kasmani - 11 Apr 2023 Form 4 Insider Report for Nauticus Robotics, Inc. (KITT)

Role
Chief LAO
Signature
/s/ M. Dilshad Kasmani
Issuer symbol
KITT
Transactions as of
11 Apr 2023
Net transactions value
$0
Form type
4
Filing time
13 Apr 2023, 21:54:48 UTC
Previous filing
06 Apr 2023
Next filing
18 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KITT Common Stock Options Exercise +72,010 72,010 11 Apr 2023 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 RSU Options Exercise $0 -72,010 -50% $0.000000 72,011 11 Apr 2023 Common Stock 72,010 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") 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 (i.e., forfeiture restriction termination) generally is subject to the reporting person remaining an employee or director of the Company, its affiliates or subsidiaries.
F2 On October 7, 2022, the reporting person was granted 144,021 RSUs, vesting in two equal annual installments on April 11 of each of 2023 and 2024.