Form 4 for KITT Nauticus Robotics, Inc.
Accepted 2024-03-15 00:00:00 ET · period of report 2024-03-13 · accession 0001849820-24-000008 · 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 | 2024-03-15 | 2024-03-13 | KITT | GIBSON JOHN W JR | Interim CEO, Dir | M - OptEx | — | +939.0K | 967.8K | +3,260% | — |
| D | 2024-03-15 | 2024-03-13 | KITT | GIBSON JOHN W JR | Interim CEO, Dir | S - Sale+OE | $0.19 | -352.5K | 615.3K | -36% | -$67.0K |
| D | 2024-03-15 | 2024-03-13 | KITT | GIBSON JOHN W JR | Interim CEO, Dir | M - OptEx | $0.00 | -939.0K | 3.16M | -23% | $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 | 2024-03-13 | M | A | 938,975 | — | 967,780 | D | — | — | (F1) Sell-Cover; cash proceeds delivered to the issuer to satisfy tax withholding upon vesting. |
| 2 | Common | Common Stock | 2024-03-13 | S | D | 352,475 | $0.19 | 615,305 | D | — | — | (F1) Sell-Cover; cash proceeds delivered to the issuer to satisfy tax withholding upon vesting. |
| 3 | Derivative | Restricted Stock Units | 2024-03-13 | M | D | 938,975 | $0.00 | 3,155,205 | D | — · — to — | 938,975 Common Stock | (F2) 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. (F3) 100% of the RSU's vest on October 9, 2024. |