John W. Gibson Jr - Feb 21, 2025 Form 4 Insider Report for Nauticus Robotics, Inc. (KITT)

Role
Interim CEO, Director
Signature
/s/ John Symington, Attorney in Fact
Stock symbol
KITT
Transactions as of
Feb 21, 2025
Transactions value $
-$7,680
Form type
4
Date filed
2/25/2025, 05:55 PM
Previous filing
Jan 7, 2025
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 $0 +19.4K +20.55% $0.00 114K Feb 21, 2025 Direct
transaction KITT Common Stock Sale -$7.68K -6.92K -6.07% $1.11 107K Feb 21, 2025 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 Restricted Stock Units Options Exercise $0 -19.4K -33.33% $0.00 38.9K Feb 21, 2025 Common Stock 19.4K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sell-Cover; cash proceeds delivered to the issuer to satisfy tax withholding upon vesting.
F2 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 generally is subject to the reporting person remaining an employee or director of the Company, its affiliates or subsidiaries.
F3 RSUs vest pro-rata over three years on February 21, 2025, February 21, 2026 and February 21, 2027

Remarks:

All amounts reported reflect the reverse stock split of 1 for 36 on July 18, 2024.