Gayhardt Donald 4
4 · Katapult Holdings, Inc. · Filed Jun 8, 2023
Insider Transaction Report
Form 4
Gayhardt Donald
Director
Transactions
- Award
Common Stock
2023-06-06+238,095→ 389,881 total - Exercise/Conversion
Common Stock
2023-06-06+23,810→ 151,786 total - Exercise/Conversion
Restricted Stock Units
2023-06-06−23,810→ 0 total→ Common Stock (23,810 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 deferral of settlement of 23,810 vested RSUs pursuant to the Reporting Person's election under the Issuer's Non-Employee Directors Deferred Compensation Plan.
- [F2]Annual grant of deferred restricted stock units ("DSUs") for service as a director of the Issuer. Each DSU vests on the earlier of (i) June 6, 2024 and (ii) the date of the Issuer's 2024 Annual Meeting of Stockholders; subject to the Reporting Person's continued service as a director of the Issuer through the vesting date, and represents a contingent right to receive one share of the Issuer's common stock.
- [F3]On September 9, 2021, the Reporting Person was granted RSUs, of which the remaining 23,810 vested on June 6, 2023. Settlement of the remaining DSUs is deferred upon vesting pursuant to the Reporting Person's election under the Issuer's Non-Employee Directors Deferred Compensation Plan