Giacomo Dall'Aglio - Sep 6, 2022 Form 4 Insider Report for Kaleyra, Inc. (KLR)

Signature
/s/ Giacomo Dall'Aglio
Stock symbol
KLR
Transactions as of
Sep 6, 2022
Transactions value $
-$91,620
Form type
4
Date filed
9/8/2022, 08:47 PM
Previous filing
Jun 15, 2022
Next filing
Nov 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLR Common Stock Sale -$39K -25.4K -6.13% $1.53 389K Sep 6, 2022 Direct F1, F2
transaction KLR Common Stock Sale -$52.6K -34K -8.73% $1.55 355K Sep 7, 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs"). This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary sale by the Reporting Person.
F2 Includes RSUs subject to vesting pursuant to previously disclosed vesting schedules.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.520 to $1.580, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

Executive Vice President and CFO