Orlando Zayas - 15 Nov 2023 Form 4 Insider Report for Katapult Holdings, Inc. (KPLT)

Signature
/s/ By: Christopher Towers, as Attorney-in-Fact for Orlando Zayas
Issuer symbol
KPLT
Transactions as of
15 Nov 2023
Net transactions value
-$13,805
Form type
4
Filing time
17 Nov 2023, 18:56:38 UTC
Previous filing
09 Nov 2023
Next filing
01 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KPLT Common Stock Options Exercise $0 +919 +0.71% $0.000000 130,173 15 Nov 2023 Direct F1
transaction KPLT Common Stock Tax liability $13,805 -1,255 -0.96% $11.00 128,918 15 Nov 2023 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 -919 -17% $0.000000 4,591 15 Nov 2023 Common Stock 919 Direct F1, F3
* 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") represents a contingent right to receive one share 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 awards of RSUs originally granted on September 9, 2021 and March 15, 2022.
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.