Orlando Zayas - 16 May 2022 Form 4 Insider Report for Katapult Holdings, Inc. (KPLT)

Role: Chief Executive Officer
Signature: /s/ By: Tahmineh Maloney, as Attorney-in-Fact for Orlando Zayas
Issuer symbol: KPLT
Transactions as of: 16 May 2022
Transactions value $: -$7,380
Form type: 4
Filing time: 18 May 2022, 18:49:06 UTC
Previous filing: 17 Mar 2022
Next filing: 07 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KPLT	Common Stock	Options Exercise	$0	+23K	+0.82%	$0.00	2.84M	16 May 2022	Direct	F1
transaction	KPLT	Common Stock	Tax liability	-$7.38K	-5.59K	-0.2%	$1.32	2.83M	16 May 2022	Direct	F2

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	Options Exercise	$0	-23K	-8.33%	$0.00	253K	16 May 2022	Common Stock	23K		Direct	F1, F3

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

Explanation of Responses:

Id	Content
F1	Restricted stock units ("RSUs") convert into shares of the Issuer's Common Stock on a one-for-one basis. The transaction represents the settlement of vested RSUs in shares of the Issuer's Common Stock.
F2	Shares reported were withheld for the payment of taxes associated with the quarterly vesting of 6.25% of an award of RSUs originally granted on September 9, 2021.
F3	On September 9, 2021, the Reporting Person was granted RSUs, of which the remaining unvested RSUs will vest in eleven substantially equal quarterly installments, subject to the Reporting Person's continued employment with the Issuer on each applicable vesting date.