Form 4 for KRT Karat Packaging Inc.
Accepted 2024-05-13 00:00:00 ET · period of report 2024-05-12 · accession 0001213900-24-042294 · 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 | 2024-05-13 | 2024-05-12 | KRT | Yu Alan | CEO, Dir, 10% | M - OptEx | — | +8,000 | 6.95M | +0.1% | — |
| D | 2024-05-13 | 2024-05-12 | KRT | Yu Alan | CEO, Dir, 10% | M - OptEx | $0.00 | -8,000 | 16.0K | -33% | $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 | 2024-05-12 | M | A | 8,000 | — | 6,950,098 | D | — | — | (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. |
| 2 | Derivative | Restricted Stock Units | 2024-05-12 | M | D | 8,000 | $0.00 | 16,000 | D | — · — to — | 8,000 Common Stock | (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. |