STOLTZ THOMAS W (Chief Financial Officer) exercised options at CARLOTZ, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

STOLTZ THOMAS W

Filed: 12/7/2022ACC: 0001104659-22-125190

InsiderSTOLTZ THOMAS WCIK 1325540

→

IssuerCARLOTZ, INC.CIK 1759008

Officer· Chief Financial Officer

Since Jan 2021

-5.04K

Net shares

Net seller

$862.35

Total sold

Open market trades

0B · 0S

Total transactions

17.08K acquired · 22.13K disposed

Non-Derivative Transactions2

Class A Common Stock

Direct

M · Option Exercise

+17.08K

Price / share

—

Trade value

—

% of position

143.1%

11/30/2022

11.94K→29.02K

Class A Common Stock

Direct

F · Tax Withholding

−5.04K

Price / share

$0.17

Trade value

$862.35

% of position

17.4%

12/5/2022

29.02K→23.98K

Total

Net shares

+12.04K

Net value

-$862.35

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	11/30/2022	M · Option Exercise	+17.08K	—	—	143.1%	11.94K	29.02K
Class A Common Stock Direct	12/5/2022	F · Tax Withholding	−5.04K	$0.17	$862.35	17.4%	29.02K	23.98K
Total			+12.04K		-$862.35

Derivative Transactions1

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

17.08K shares

−17.08K

Strike price

Held after

34.17K

Exercisable

—

11/30/2022

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock17.08K shares	11/30/2022	M · Option Exercise	−17.08K		—	34.17K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)3

Restricted Stock Units

Direct

Underlying security

Class A Common Stock

Underlying shares

138.39K

Shares owned

138.39K

Exercise price

Expiration

—

Exercise window

—

Stock Option (right to buy)

Direct

Underlying security

Class A Common Stock

Underlying shares

506.17K

Shares owned

506.17K

Exercise price

11.35

Expiration

—

Exercise window

—

Stock Option (right to buy)

Direct

Underlying security

Class A Common Stock

Underlying shares

199.43K

Shares owned

199.43K

Exercise price

1.68

Expiration

—

Exercise window

—

Total

Underlying

843.99K

Owned

843.99K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Stock Units Direct	Class A Common Stock		—	—	138.39K	138.39K
Stock Option (right to buy) Direct	Class A Common Stock	11.35	—	—	506.17K	506.17K
Stock Option (right to buy) Direct	Class A Common Stock	1.68	—	—	199.43K	199.43K
Total					843.99K	843.99K