0001213900-22-063557.txt : 20221012
0001213900-22-063557.hdr.sgml : 20221012
20221012164229
ACCESSION NUMBER: 0001213900-22-063557
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221007
FILED AS OF DATE: 20221012
DATE AS OF CHANGE: 20221012
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Radford Nicolaus
CENTRAL INDEX KEY: 0001944857
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40611
FILM NUMBER: 221307228
MAIL ADDRESS:
STREET 1: C/O NAUTICUS ROBOTICS, INC.
STREET 2: 17146 FEATHER CRAFT LN #450
CITY: WEBSTER
STATE: TX
ZIP: 77598
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Nauticus Robotics, Inc.
CENTRAL INDEX KEY: 0001849820
STANDARD INDUSTRIAL CLASSIFICATION: GENERAL INDUSTRIAL MACHINERY & EQUIPMENT, NEC [3569]
IRS NUMBER: 000000000
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 17146 FEATHERCRAFT LANE
STREET 2: SUITE 450
CITY: WEBSTER
STATE: TX
ZIP: 77598
BUSINESS PHONE: 281-942-9069
MAIL ADDRESS:
STREET 1: 17146 FEATHERCRAFT LANE
STREET 2: SUITE 450
CITY: WEBSTER
STATE: TX
ZIP: 77598
FORMER COMPANY:
FORMER CONFORMED NAME: cleantech Acquisition Corp.
DATE OF NAME CHANGE: 20210308
4
1
ownership.xml
X0306
4
2022-10-07
0
0001849820
Nauticus Robotics, Inc.
KITT
0001944857
Radford Nicolaus
17146 FEATHERCRAFT LANE SUITE 450
WEBSTER
TX
77598
1
1
0
0
Chief Executive Officer
Performance RSU
2022-10-07
4
A
0
288042
0.00
A
Common Stock
288042
288042
D
Each Restricted Stock Unit ("RSU") is issued pursuant to the Company's 2022 Omnibus Incentive Plan and represents a contingent right to receive one share of common stock, and vesting (i.e., forfeiture restriction termination) generally is subject to the reporting person remaining an employee or director of the Company, its affiliates or subsidiaries.
0% to 150% of these Performance RSUs may vest in two (2) equal installments on each of December 31, 2023 and December 31, 2024, based the Company's revenue, as reported on its audited income statement for the year ending December 31, 2022 ("Revenue"), relative to the Company's 2022 revenue as reported on its Form S-1 filed on September 9, 2022, as may be amended ("S-1 Revenue").
The percentage of Performance RSUs that may vest will be (i) at the Compensation Committee's (the "Committee") discretion if the Revenue is below $11 million; (ii) 50% if the Revenue is greater than or equal to $11 million, but less than S-1 Revenue; (iii) 100% if the Revenue is greater than or equal to the S-1 Revenue, but less than 115% of S-1 Revenue; (iv) 115% if the Revenue is greater than or equal to 115% of S-1 Revenue, but less than 125% of S-1 Revenue; (v) 125% if the Revenue is greater than or equal to 125% of S-1 Revenue, but less than 150% of S-1 Revenue; (vi) 150% if the Revenue is greater than or equal to 150% of S-1 Revenue.
/s/ Nicolaus Radford, by M. Dilshad Kasmani as Attorney-in-Fact
2022-10-12