Bryan Lubel - 04 Jan 2021 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Role
Executive Vice President
Signature
/s/ Romil Bahl, as Attorney-in-Fact, for Bryan Lubel
Issuer symbol
KORE
Transactions as of
04 Jan 2021
Net transactions value
$0
Form type
4
Filing time
06 Jan 2022, 15:24:59 UTC
Next filing
30 Sep 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KORE Restricted Stock Units Award $0 +140,845 $0.000000 140,845 04 Jan 2022 Common Stock 140,845 Direct F1, F2
transaction KORE Restricted Stock Units Award $0 +35,211 $0.000000 35,211 04 Jan 2022 Common Stock 35,211 Direct F1, F3
transaction KORE Restricted Stock Units Award $0 +35,211 $0.000000 35,211 04 Jan 2022 Common Stock 35,211 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's common stock.
F2 The reported RSUs will vest in two 25% installments on each of the second and third anniversaries of September 30, 2021, with the remaining 50% vesting on the fourth anniversary of September 30, 2021.
F3 The reported RSUs will vest in three equal installments on each of the first three anniversaries of January 4, 2022.