Medlin Derek sold KPLT
May 15, 2024 · Form 4 insider transaction
Medlin Derek sold 1,137 shares of Katapult Holdings, Inc. at $18.66 per share, a transaction worth $21.2K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 553 days after the transaction.
Footnotes
On June 16, 2023, the reporting person was granted 385,000 RSUs (which, following the Issuer's July 27, 2023 1-for-25 reverse stock split, resulted in 15,400 RSUs), 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 (the "2023 Award").; The shares reported in Column 4 are shares withheld for the payment of taxes associated with the 2021 Award, 2022 Award and 2023 Award.