Quire Daniel 4
4 · Karat Packaging Inc. · Filed May 15, 2025
Insider Transaction Report
Form 4
Quire Daniel
Chief Revenue Officer
Transactions
- Exercise/Conversion
Common Stock
2025-05-12+8,000→ 19,769 total - Tax Payment
Common Stock
2025-05-14$30.04/sh−2,073$62,268→ 17,696 total - Exercise/Conversion
Restricted Stock Units
2025-05-12−8,000→ 8,000 total→ Common Stock (8,000 underlying)
Footnotes (4)
- [F1]Represents shares of Karat Packaging Inc.'s common stock received upon the vesting of restricted stock units ("RSUs").
- [F2]The price reported in Column 4 is a weighted average price. These shares were acquired in multiple transactions at prices ranging from $29.9501 to $30.2801, inclusive. The reporting person undertakes to provide to Karat Packaging Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [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.