TOWERS CHRISTOPHER 4
4 · Katapult Holdings, Inc. · Filed May 17, 2023
Insider Transaction Report
Form 4
TOWERS CHRISTOPHER
CHIEF ACCOUNTING OFFICER
Transactions
- Exercise/Conversion
Common Stock
2023-05-15+4,913→ 182,985 total - Tax Payment
Common Stock
2023-05-15$0.72/sh−5,442$3,918→ 177,543 total - Exercise/Conversion
Restricted Stock Units
2023-05-15−4,913→ 34,395 total→ Common Stock (4,913 underlying)
Footnotes (3)
- [F1]Restricted stock units ("RSUs") convert into shares of the Issuer's Common Stock on a one-for-one basis. The transaction represents the settlement of vested RSUs in shares of the Issuer's Common Stock.
- [F2]Shares reported were withheld for the payment of taxes associated with the quarterly vesting of 6.25% of awards of RSUs originally granted on September 9, 2021 and March 15, 2022.
- [F3]On September 9, 2021, the Reporting Person was granted RSUs, of which the remaining unvested RSUs will vest in eleven substantially equal quarterly installments, subject to the Reporting Person's continued employment with the Issuer on each applicable vesting date.