0001213900-23-077797.txt : 20230919 0001213900-23-077797.hdr.sgml : 20230919 20230919172733 ACCESSION NUMBER: 0001213900-23-077797 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230919 FILED AS OF DATE: 20230919 DATE AS OF CHANGE: 20230919 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cheng Marvin CENTRAL INDEX KEY: 0001790959 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40336 FILM NUMBER: 231264776 MAIL ADDRESS: STREET 1: 6185 KIMBALL AVE. 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: CA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6185 KIMBALL AVENUE CITY: CHINO STATE: X1 ZIP: 91708 BUSINESS PHONE: 6269658882 MAIL ADDRESS: STREET 1: 6185 KIMBALL AVENUE CITY: CHINO STATE: X1 ZIP: 91708 4 1 ownership.xml X0508 4 2023-09-19 0 0001758021 Karat Packaging Inc. KRT 0001790959 Cheng Marvin 6185 KIMBALL STREET CHINO CA 91708 0 1 0 0 VP-Manufacturing, Secy 0 Common Stock 2023-09-19 4 S 0 150000 21.00 D 6099727 D Pursuant to a Registration Statement on Form S-3 that became effective on November 28, 2022 and an underwriting agreement dated September 7, 2023, Mr. Cheng sold 500,000 shares of common stock of the Issuer in an underwritten secondary public offering on September 12, 2023. The shares were sold at a public offering price of $21.00 per share, and Mr. Cheng paid an underwriting discount and commission of $0.735 per share, resulting in a net price of $20.265 per share. Mr. Cheng also granted the underwriters a 30-day option to purchase 150,000 additional shares of common stock at the same price and at the same underwriting discount and commission. On September 19, 2023, Mr. Cheng sold such shares pursuant to an exercise in full by the underwriters of such option. /s/ Marvin Cheng 2023-09-19