Katzav Adir 4
4 · KIDPIK CORP. · Filed May 17, 2023
Insider Transaction Report
Form 4
KIDPIK CORP.PIK
Katzav Adir
EVP, CFO, and Treasurer
Transactions
- Exercise/Conversion
Common Stock
2023-05-15+42,333→ 69,949 total - Exercise/Conversion
Restricted Stock Unit
2023-05-15−42,333→ 42,334 total→ Common Stock (42,333 underlying) - Tax Payment
Common Stock
2023-05-15$0.61/sh−3,238$1,978→ 66,711 total
Footnotes (3)
- [F1]Represents shares withheld by the Company to satisfy tax withholding obligations in connection with the vesting of 42,333 restricted stock units to the Reporting Person on May 15, 2023.
- [F2]Each restricted stock unit represents the contingent right to receive, at settlement, one share of common stock.
- [F3]The restricted stock units vest at the rate of (i) 1/3 on May 15, 2022; (ii) 1/3 on May 15, 2023; and (iii) 1/3 on May 15, 2024, subject to the reporting person's continued service through the applicable vesting date. Restricted stock units do not expire; they either vest or are canceled prior to vesting date.