Sabahat Ann T 4
4 · Karat Packaging Inc. · Filed Oct 5, 2021
Insider Transaction Report
Form 4
Sabahat Ann T
Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2021-09-20−5,000→ 0 total→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2021-09-20+5,000→ 5,000 total
Footnotes (3)
- [F1]Represents shares of Karat Packaging Inc.'s Common Stock received upon the vesting of Restricted Stock Units ("RSUs").
- [F2]RSUs convert into Common Stock on a one-for-one basis.
- [F3]On September 8, 2020, Ann Sabahat was granted 5,000 RSUs. These RSUs were scheduled to vest on April 15, 2022. On September 20, 2021, the Compensation Committee of the Board of Directors of the Company approved the accelerated vesting of these RSUs to September 20, 2021.