Donald Gayhardt - Jun 7, 2022 Form 4 Insider Report for Katapult Holdings, Inc. (KPLT)

Role: Director, 10%+ Owner
Signature: /s/ By: Tahmineh Maloney, as Attorney-in-Fact for Don Gayhardt
Stock symbol: KPLT
Transactions as of: Jun 7, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/9/2022, 09:26 PM
Previous filing: Mar 16, 2022
Next filing: Nov 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KPLT	Common Stock	Options Exercise	$0	+23.8K		$0.00	23.8K	Jun 7, 2022	Direct	F1
transaction	KPLT	Common Stock	Award	$0	+104K	+437.51%	$0.00	128K	Jun 7, 2022	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	KPLT	Restricted Stock Units	Options Exercise	$0	-23.8K	-50%	$0.00	23.8K	Jun 7, 2022	Common Stock	23.8K		Direct	F1, F3

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

Explanation of Responses:

Id	Content
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 21,395 vested RSUs in shares of the Issuer's Common Stock and the deferral of settlement of 2,414 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 DSUs vests on the earlier of (i) June 7, 2023 and (ii) the date of the Issuer's 2023 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 unvested RSUs will vest on the earlier of (i) June 15, 2023 and (ii) the date of the Issuer's 2023 Annual Meeting of Stockholders; subject to the Reporting Person's continued service as a director of the Issuer through the vesting date. Settlement of the remaining 23,810 unvested RSUs will be deferred upon vesting pursuant to the Reporting Person's election under the Issuer's Non-Employee Directors Deferred Compensation Plan.