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Karat Packaging Inc. — Director's Dealing 2022
Mar 11, 2022
32831_dirs_2022-03-11_2d21869a-37e3-43b1-a7b7-b308441ad3ca.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Karat Packaging Inc. (KRT)
CIK: 0001758021
Period of Report: 2022-02-02
Reporting Person: Cheng Marvin (VP-Manufacturing, Secy)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-02 | Common Stock | G | 59524 | — | Disposed | 6820876 | Direct |
| 2022-02-02 | Common Stock | G | 59524 | — | Disposed | 6761352 | Direct |
| 2022-03-04 | Common Stock | G | 2500 | — | Disposed | 6758852 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5 | Indirect |
Footnotes
F1: On February 2, 2022, the reporting person made a gift of 59,524 shares to the Sherissa Cheng Irrevocable Trust, an irrevocable trust for the benefit of the reporting person's daughter, who does not share the reporting person's household. The reporting person is not the trustee.
F2: On February 2, 2022, the reporting person made a gift of 59,524 shares to the Natalie Cheng Irrevocable Trust, an irrevocable trust for the benefit of the reporting person's daughter, who does not share the reporting person's household. The reporting person is not the trustee.
F3: The reporting person no longer has a reportable interest in these shares owned by his daughter and included in the reporting person's prior ownership reports.