Emilio Hirsch - Jan 1, 2023 Form 4 Insider Report for Kaleyra, Inc. (KLR)

Role
Director, 10%+ Owner
Signature
/s/ Emilio Hirsch, individually
Stock symbol
KLR
Transactions as of
Jan 1, 2023
Transactions value $
$0
Form type
4
Date filed
1/3/2023, 03:30 PM
Previous filing
Nov 14, 2022
Next filing
May 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLR Common Stock Award $0 +71.4K +62.71% $0.00 185K Jan 1, 2023 Direct F1, F2, F3
holding KLR Common Stock 93.1K Jan 1, 2023 By EFFE PI Societa Semplice F4
holding KLR Common Stock 5.72M Jan 1, 2023 By Esse Effe S.p.A. F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to the Reporting Person's continued service to the Issuer, the Restricted Stock Units ("RSUs") shall vest quarterly on each of February 20, May 1, August 1 and November 1, 2023. All RSUs shall immediately vest (i) in the event of a Change of Control (as defined in the Issuer's 2019 Equity Incentive Plan) of the Issuer, (ii) the Reporting Person is not re-nominated to serve on the Issuer's Board of Directors (except in connection with the Reporting Person choosing not to stand for reelection as a member of the Board or resigning from the Board) and as a result separates from service with the Issuer, (iii) to the extent the Reporting Person has served as a director of the Issuer for at least three years, and such Reporting Person chooses not to stand for reelection as a member of the Board or resigns from the Board and as a result separates from service with the Issuer,
F2 (Continued from footnote 1) and (iv) in the event of the death or Disability (as defined in the Issuer's 2019 Equity Incentive Plan) of the Reporting Person.
F3 Includes RSUs subject to vesting pursuant to previously disclosed vesting schedules.
F4 EFFE PI Societa Semplice ("EFFE PI") is affiliated with Emilio Hirsch, and Mr. Hirsch is deemed to have acquired a beneficial ownership interest in the reported securities held by EFFE PI.
F5 Esse Effe S.p.A. ("Esse Effe") is affiliated with EFFE PI and Emilio Hirsch, and EFFE PI and Mr. Hirsch are each deemed to have acquired a beneficial ownership interest in the reported securities held by Esse Effe.