Form 4 for KITT Nauticus Robotics, Inc.
Accepted 2024-01-03 00:00:00 ET · period of report 2023-12-31 · accession 0001213900-24-000969 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-01-03 | 2023-12-31 | KITT | Yamokoski John | CTO | M - OptEx | — | +40.4K | 757.4K | +6% | — |
| D | 2024-01-03 | 2024-01-02 | KITT | Yamokoski John | CTO | S - Sale+OE | $0.64 | -10.8K | 746.5K | -1% | -$6,927 |
| D | 2024-01-03 | 2023-12-31 | KITT | Yamokoski John | CTO | M - OptEx | $0.00 | -79.2K | 79.2K | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-12-31 | M | A | 40,398 | — | 757,367 | D | — | — | (F1) Sell-Cover; cash proceeds delivered to the issuer to satisfy tax withholding. Each Restricted Stock Unit ("RSU") is issued pursuant to the Company's 2022 Omnibus Incentive Plan and represents a contingent right to receive one share of common stock, and vesting (i.e., forfeiture restriction termination) generally is subject to the reporting person remaining an employee or director of the Company, its affiliates or subsidiaries. |
| 2 | Common | Common Stock | 2024-01-02 | S | D | 10,824 | $0.64 | 746,543 | D | — | — | |
| 3 | Derivative | Performance RSU | 2023-12-31 | M | D | 79,212 | $0.00 | 79,212 | D | — · — to — | 79,212 Common Stock | (F1) Sell-Cover; cash proceeds delivered to the issuer to satisfy tax withholding. Each Restricted Stock Unit ("RSU") is issued pursuant to the Company's 2022 Omnibus Incentive Plan and represents a contingent right to receive one share of common stock, and vesting (i.e., forfeiture restriction termination) generally is subject to the reporting person remaining an employee or director of the Company, its affiliates or subsidiaries. (F2) 0% to 150% of these Performance RSUs may vest in two (2) equal installments on each of December 31, 2023 and December 31, 2024, based the Company's revenue. |