May 15, 2024 · Form 4 insider transaction
Walsh Nancy A sold 1,420 shares of Katapult Holdings, Inc. at $18.66 per share, a transaction worth $26.5K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 553 days after the transaction.
On January 31, 2023, the reporting person was granted 459,184 restricted stock units ("RSUs") (which, following the Issuer's July 27, 2023 1-for-25 reverse stock split, resulted in 18,367 RSUs), 25% of which vested on February 15, 2024, with the remainder scheduled to vest thereafter in 12 quarterly installments on each of May 15, August 15, November 15 and February 15 subject to the reporting person's continued employment with the Issuer on each applicable vesting date ("January 2023 Award").; On June 16, 2023, the reporting person was granted 511,364 performance stock units ("PSUs") (which, following the Issuer's July 27, 2023 1-for-25 reverse stock split, resulted in 20,455 PSUs), one-third of which vested on March 15, 2024, and the remainder scheduled to vest thereafter in eight quarterly installments on each of May 15, August 15, November 15 and February 15 subject to the reporting person's continued employment with the Issuer on each applicable vesting date and the achievement of the applicable performance goals ("June 2023 Award").; The shares reported in Column 4 are shares withheld for the payment of taxes associated with the January 2023 Award and June 2023 Award.