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

Signature
/s/ Dario Calogero, Individually
Stock symbol
KLR
Transactions as of
Aug 4, 2021
Transactions value $
$0
Form type
4
Date filed
8/6/2021, 09:03 PM
Previous filing
Jun 10, 2021
Next filing
Sep 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLR Common Stock Award $0 +100K +17.24% $0.00 680K Aug 4, 2021 Direct F1, F2, F3
holding KLR Common Stock 5.47M Aug 4, 2021 By Maya Investments Ltd. F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 100,000 Restricted Stock Units ("RSUs") issued by Kaleyra, Inc. (the "Company") which vest on May 1, 2022 provided that the Company achieves in fiscal year 2021, certain total revenue and adjusted gross margin targets.
F2 As previously disclosed, includes 679,927 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; (iii) 10,902 of such RSUs vest in in full on May 1, 2021, and (iv) 100,000 RSUs, such RSU award to vest on May 1, 2022 provided that the Company achieves in fiscal year 2021, certain total revenue and adjusted gross margin targets.
F3 The Company may 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.
F4 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.