Avi S. Katz - Aug 26, 2021 Form 4 Insider Report for Kaleyra, Inc. (KLR)

Signature
/s/ Avi S. Katz, individually
Stock symbol
KLR
Transactions as of
Aug 26, 2021
Transactions value $
-$1,056,750
Form type
4
Date filed
9/2/2021, 09:18 PM
Previous filing
Aug 16, 2021
Next filing
Sep 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLR Common Stock Sale -$23.6K -2K -0.15% $11.80 1.33M Aug 26, 2021 Direct F1, F2
transaction KLR Common Stock Sale -$219K -18K -1.35% $12.15 1.31M Aug 27, 2021 Direct F1, F3
transaction KLR Common Stock Sale -$112K -9K -0.69% $12.39 1.3M Aug 30, 2021 Direct F1, F4
transaction KLR Common Stock Sale -$78.6K -6.41K -0.49% $12.26 1.3M Aug 31, 2021 Direct F1, F5
transaction KLR Common Stock Sale -$308K -24.6K -1.89% $12.54 1.27M Sep 1, 2021 Direct F1, F6
transaction KLR Common Stock Sale -$316K -25.4K -1.99% $12.44 1.25M Sep 2, 2021 Direct F1, F7
holding KLR Common Stock 1.33M Aug 26, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes an aggregate of 414,523 Restricted Stock Units ("RSUs") issued by Kaleyra, Inc. (the "Company"), of which (i) 27,510 of such RSUs vest in four quarterly installments, beginning on February 1, 2021 and subsequently on May 1, 2021, August 1, 2021, and November 1, 2021, (ii) 227,013 of such RSUs vest as follows: 25% of the RSUs will vest 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, (iii) 60,000 of such RSUs vest in sixteen quarterly installments, beginning on May 1, 2021 and ending on February 1, 2025, 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.
F2 The price reported for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $11.75 to $11.865, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company, 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 ranges set forth in any footnotes to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $11.90 to $12.25, inclusive.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $12.30 to $12.45, inclusive.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $12.25 to $12.29, inclusive.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $12.45 to $12.71, inclusive.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $12.3101 to $12.60, inclusive.