Christopher A. Masto - 07 Jun 2022 Form 4 Insider Report for Katapult Holdings, Inc. (KPLT)

Signature
/s/ By: Tahmineh Maloney, as Attorney-in-Fact for Chris Masto
Issuer symbol
KPLT
Transactions as of
07 Jun 2022
Transactions value $
$0
Form type
4
Filing time
09 Jun 2022, 21:27:13
Previous filing
13 Dec 2021
Next filing
17 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KPLT Common Stock Options Exercise $0 +23.8K $0.00 23.8K 07 Jun 2022 Direct F1
transaction KPLT Common Stock Award $0 +104K +437.51% $0.00 128K 07 Jun 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 -23.8K -50% $0.00 23.8K 07 Jun 2022 Common Stock 23.8K 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 Annual grant of RSUs for service as a director of the Issuer. The RSUs vest on the earlier of (i) June 7, 2023 and (ii) the date of the Issuer's 2023 Annual Meeting of Stockholders; subject to the Reporting Person's continued service as a director of the Issuer through the vesting date.
F3 On September 9, 2021, the Reporting Person was granted RSUs, of which the remaining 23,810 unvested RSUs will vest on the earlier of (i) June 15, 2023 and (ii) the date of the Issuer's 2023 Annual Meeting of Stockholders; subject to the Reporting Person's continued service as a director of the Issuer through the vesting date.