Avi S. Katz - Oct 5, 2023 Form 4 Insider Report for Kaleyra, Inc. (KLR)

Role
Director
Signature
/s/ Avi S. Katz
Stock symbol
KLR
Transactions as of
Oct 5, 2023
Transactions value $
$0
Form type
4
Date filed
10/10/2023, 06:15 AM
Previous filing
Jul 5, 2023
Next filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLR Common Stock Disposed to Issuer -379K -100% 0 Oct 5, 2023 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Avi S. Katz is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposition pursuant to the merger (the "Merger") of TC Delaware Technologies Inc. with and into Kaleyra, Inc. (the "Company"), pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of June 28, 2023, by and among Tata Communications Limited and the Company.
F2 Includes the number of shares of the Company's common stock underlying the Reporting Person's Restricted Stock Units ("RSUs").
F3 At the effective time of the Merger (the "Effective Time"), each share of the Company's common stock was converted into the right to receive $7.25 in cash, without interest (the "Merger Consideration").
F4 In connection with the consummation of the Merger, each outstanding RSU that was held by a non-employee director of the Company was vested prior to the Effective Time and as of the Effective Time was canceled and converted solely into the right to receive the Merger Consideration, less applicable withholding taxes.