Joanne Wang - Oct 17, 2023 Form 4 Insider Report for Karat Packaging Inc. (KRT)

Role: Chief Operating Officer
Signature: /s/ Joanne Tzu Jung Wang
Stock symbol: KRT
Transactions as of: Oct 17, 2023
Transactions value $: -$190,948
Form type: 4
Date filed: 10/19/2023, 08:56 PM
Previous filing: Oct 17, 2023
Next filing: Feb 14, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KRT	Common Stock	Sale	-$191K	-8.65K	-26.83%	$22.09	23.6K	Oct 17, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares were sold by Karat Packaging Inc. (the "Company") to fund tax liability attributable to the vesting of restricted stock units.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.9581 to $22.36, inclusive. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in these footnotes.

Content

These shares were sold by Karat Packaging Inc. (the "Company") to fund tax liability attributable to the vesting of restricted stock units.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.9581 to $22.36, inclusive. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in these footnotes.