Medlin Derek 4
4 · Katapult Holdings, Inc. · Filed May 17, 2023
Insider Transaction Report
Form 4
Medlin Derek
Chief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2023-05-15+6,888→ 880,533 total - Exercise/Conversion
Restricted Stock Units
2023-05-15−6,888→ 55,107 total→ Common Stock (6,888 underlying) - Tax Payment
Common Stock
2023-05-15$0.72/sh−10,701$7,705→ 869,832 total
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.