X0306 4 2021-09-20 0 0001758021 Karat Packaging Inc. KRT 0001430970 Sabahat Ann T C/O KARAT PACKAGING INC. 6185 KIMBALL STREET CHINO CA 91708 0 1 0 0 Chief Financial Officer Common Stock 2021-09-20 4 M 0 5000 A 5000 D Restricted Stock Units 2021-09-20 4 M 0 5000 0 D Common Stock 5000 0 D Represents shares of Karat Packaging Inc.'s Common Stock received upon the vesting of Restricted Stock Units ("RSUs"). RSUs convert into Common Stock on a one-for-one basis. On September 8, 2020, Ann Sabahat was granted 5,000 RSUs. These RSUs were scheduled to vest on April 15, 2022. On September 20, 2021, the Compensation Committee of the Board of Directors of the Company approved the accelerated vesting of these RSUs to September 20, 2021. /s/ Ann T. Sabahat 2021-10-05