Karat Packaging Inc. — Director's Dealing 2021

Oct 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Karat Packaging Inc. (KRT)
CIK: 0001758021
Period of Report: 2021-09-20

Reporting Person: Sabahat Ann T (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-20	Common Stock	M	5000	—	Acquired	5000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-20	Restricted Stock Units	$	M	5000	Disposed		Common Stock (5000)	Direct

Footnotes

F1: Represents shares of Karat Packaging Inc.'s Common Stock received upon the vesting of Restricted Stock Units ("RSUs").

F2: RSUs convert into Common Stock on a one-for-one basis.

F3: On September 8, 2020, Ann Sabahat was granted 5,000 RSUs. These RSUs were scheduled to vest on April 15, 2022. On September 20, 2021, the Compensation Committee of the Board of Directors of the Company approved the accelerated vesting of these RSUs to September 20, 2021.