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Karat Packaging Inc. — Director's Dealing 2024
May 13, 2024
32831_dirs_2024-05-13_05bf3f41-0b81-4c3c-b572-6e54535aefed.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: 2024-05-12
Reporting Person: Yu Alan (Director, Chief Executive Officer, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-12 | Common Stock | M | 8000 | — | Acquired | 6950098 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-12 | Restricted Stock Units | $ | M | 8000 | Disposed | Common Stock (8000) | Direct |
Footnotes
F1: Represents shares of Karat Packaging Inc.'s common stock received upon the vesting of restricted stock units ("RSUs").
F2: The previous filings inadvertently underreported the number of common stock owned by the reporting person by 15,400 shares. This filing properly reflects the correct number of shares as of May 13, 2024.
F3: The RSUs convert into common stock on a one-for-one basis.
F4: On March 12, 2024, the reporting person was granted 24,000 RSUs. These RSUs were scheduled to vest in three equal, annual installments beginning on May 12, 2024.