Dario Calogero - Jun 9, 2021 Form 4 Insider Report for Kaleyra, Inc. (KLR)

Signature
/s/ Dario Calogero, Individually
Stock symbol
KLR
Transactions as of
Jun 9, 2021
Transactions value $
-$122,500
Form type
4
Date filed
6/10/2021, 04:53 PM
Next filing
Aug 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLR Common Stock Sale -$123K -10K -0.18% $12.25 5.47M Jun 9, 2021 By Maya Investments Ltd. F1
holding KLR Common Stock 580K Jun 9, 2021 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Maya Investments Ltd. ("Maya") is affiliated with Mr. Calogero and the shares received by Maya are beneficially owned by Mr. Calogero, who is the Chief Executive Officer, President, and Director of the Company.
F2 As previously disclosed, includes 579,927 Restricted Stock Units ("RSUs"), of which (i) 454,025 of such RSUs vest as follows: 25% of the RSUs have vested on February 1, 2021, and the remaining 75% vest in twelve quarterly installments thereafter, beginning on May 1, 2021 and ending on February 1, 2024; (ii) 115,000 of such RSUs vest in sixteen quarterly installments beginning on May 1, 2021 and ending February 1, 2025; and (iii) 10,902 of such RSUs vest in in full on May 1, 2021. The Company will withhold shares of stock subject to the RSUs at the time of vesting for the purposes of satisfying any tax withholding obligations which arise in connection with the vesting of such RSUs issued to Mr. Calogero.