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Karat Packaging Inc. — Director's Dealing 2023
Sep 14, 2023
32831_dirs_2023-09-14_6de2e1d0-8815-4fde-b5d8-71e9dbdd44bd.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: 2023-09-12
Reporting Person: Yu Alan (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-09-12 | Common Stock | S | 500000 | $21.00 | Disposed | 6926698 | Direct |
Footnotes
F1: Pursuant to a Registration Statement on Form S-3 that became effective on November 28, 2022 and an underwriting agreement dated September 7, 2023, Mr. Yu sold 500,000 shares of common stock of the Issuer in an underwritten secondary public offering. The shares were sold at a public offering price of $21.00 per share, and Mr. Yu paid an underwriting discount and commission of $0.735 per share, resulting in a net price of $20.265 per share.
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