Karat Packaging Inc. — Director's Dealing 2022

Feb 2, 2022

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Karat Packaging Inc. (KRT)
CIK: 0001758021
Period of Report: 2022-02-01

Reporting Person: Guo Jian (Chief Financial Officer)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Units	$0		Common Stock (7500)		Direct
Stock Option (right to buy)	$16.53		Common Stock (50000)		Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the registrant's common stock.

F2: The RSU agreement provides that the RSUs vest in two equal annual installments beginning February 1, 2023. The RSUs were granted February 1, 2022.

F3: The option agreement provides that the option becomes exercisable in three equal annual installments beginning February 1, 2023. The option was granted February 1, 2022.