R. Michael Thurston - Jan 4, 2021 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Role
Senior Vice President and Corporate Controller
Signature
/s/ Jack W. Kennedy Jr., as Attorney-in-Fact, for R. Michael Thurston
Stock symbol
KORE
Transactions as of
Jan 4, 2021
Transactions value $
$0
Form type
4
Date filed
1/6/2022, 03:27 PM
Next filing
Dec 23, 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 +31.7K $0.00 31.7K Jan 4, 2022 Common Stock 31.7K Direct F1, F2
transaction KORE Restricted Stock Units Award $0 +10.6K $0.00 10.6K Jan 4, 2022 Common Stock 10.6K Direct F1, F3
transaction KORE Restricted Stock Units Award $0 +10.6K $0.00 10.6K Jan 4, 2022 Common Stock 10.6K 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.

Remarks:

Senior Vice President and Corporate Controller