Yu Alan 4
4 · Karat Packaging Inc. · Filed May 13, 2024
Insider Transaction Report
Form 4
Yu Alan
DirectorChief Executive Officer10% Owner
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-05-12−8,000→ 16,000 total→ Common Stock (8,000 underlying) - Exercise/Conversion
Common Stock
2024-05-12+8,000→ 6,950,098 total
Footnotes (4)
- [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.
- [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.