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