Rangan Padmanabhan - 03 May 2023 Form 4 Insider Report for Nauticus Robotics, Inc. (KITT)

Signature
/s/ Rangan Padmanabhan, by M. Dilshad Kasmani as Attorney-in-Fact
Issuer symbol
KITT
Transactions as of
03 May 2023
Net transactions value
$0
Form type
4
Filing time
05 May 2023, 21:15:30 UTC
Previous filing
06 Apr 2023
Next filing
11 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KITT Common Stock Options Exercise +17,206 17,206 03 May 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 -17,206 -100% $0.000000* 0 03 May 2023 Common Stock 17,206 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.
F2 On April 3, the reporting person was granted 17,206 RSUs, all of which vested on May 3, 2023.