Karat Packaging Inc. — Director's Dealing 2022

Feb 2, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Guo Jian (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-01	Restricted Stock Units	$	A	7500	Acquired		Common Stock (7500)	Direct
2022-02-01	Stock Option (right to buy)	$16.53	A	50000	Acquired	2032-02-01	Common Stock (50000)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of Karat Packaging Inc. common stock.

F2: The RSUs vest in two equal annual installments beginning February 1, 2023.

F3: The option vests in three equal annual installments beginning February 1, 2023.