Bryan Lubel - Jan 4, 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
Stock symbol
KORE
Transactions as of
Jan 4, 2021
Transactions value $
$0
Form type
4
Date filed
1/6/2022, 03:24 PM
Next filing
Sep 30, 2021

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 +141K $0.00 141K Jan 4, 2022 Common Stock 141K Direct F1, F2
transaction KORE Restricted Stock Units Award $0 +35.2K $0.00 35.2K Jan 4, 2022 Common Stock 35.2K Direct F1, F3
transaction KORE Restricted Stock Units Award $0 +35.2K $0.00 35.2K Jan 4, 2022 Common Stock 35.2K 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.