0001013762-23-004600.txt : 20231017 0001013762-23-004600.hdr.sgml : 20231017 20231017212754 ACCESSION NUMBER: 0001013762-23-004600 CONFORMED SUBMISSION TYPE: 3/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230831 FILED AS OF DATE: 20231017 DATE AS OF CHANGE: 20231017 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Quire Daniel CENTRAL INDEX KEY: 0001992297 FILING VALUES: FORM TYPE: 3/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-40336 FILM NUMBER: 231330802 MAIL ADDRESS: STREET 1: 6185 KIMBALL AVENUE CITY: CHINO STATE: CA ZIP: 91708 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Karat Packaging Inc. CENTRAL INDEX KEY: 0001758021 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS PRODUCTS, NEC [3089] IRS NUMBER: 832237832 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6185 KIMBALL AVENUE CITY: CHINO STATE: CA ZIP: 91708 BUSINESS PHONE: 6269658882 MAIL ADDRESS: STREET 1: 6185 KIMBALL AVENUE CITY: CHINO STATE: CA ZIP: 91708 3/A 1 ownership.xml X0206 3/A 2023-08-31 2023-09-11 0 0001758021 Karat Packaging Inc. KRT 0001992297 Quire Daniel 6185 KIMBALL AVENUE CHINO CA 91708 0 1 0 0 Chief Revenue Officer Common Stock 4516 D Stock Option (right to buy) 18.86 2031-10-08 Common Stock 50000 D Restricted Stock Units 0 Common Stock 1666 D This Amendment is being filed to correct the number of shares of common stock, par value $0.001 (the "Common Stock"), reported as beneficially owned directly by the reporting person on his original Form 3, which inadvertently overstated the number of shares held as of the date of such filing by 1,571 shares of Common Stock, which has been corrected herein. The stock option vests in three, equal annual installments, which began on October 8, 2022. This Amendment is being filed to include the reporting person's restricted stock units ("RSUs"). In February 2019, the reporting person was granted 5,000 RSUs. These RSUs were scheduled to vest in three equal installments beginning on April 15, 2022, the first anniversary of the closing of the Company's initial public offering. On September 20, 2021, the Compensation Committee of the Board of Directors of the Company approved the accelerated vesting of these RSUs to vest in three, equal installments on October 15, 2021, October 15, 2022 and October 15, 2023. The RSUs convert into Common Stock on a one-for-one basis. /s/ Daniel Quire 2023-10-17