Karat Packaging Inc. — Director's Dealing 2024

May 9, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Karat Packaging Inc. (KRT)
CIK: 0001758021
Period of Report: 2021-10-08

Reporting Person: Chen Eric K (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-08	Stock Option (right to buy)	$18.8	A	10000	Acquired	2031-10-08	Common Stock (10000)	Direct
2024-05-07	Restricted Stock Units	$	A	2000	Acquired		Common Stock (2000)	Direct

Footnotes

F1: On October 8, 2021, the reporting person was granted an option to purchase 10,000 shares of common stock. The option vests in three, equal annual instalments beginning on October 8, 2022. This option was inadvertently not reported due to administrative error.

F2: Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock.

F3: The RSUs vest in two, equal annual installments beginning on May 7, 2025.