| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | KLR | Common Stock | Sale | -$125K | -10K | -1.47% | $12.50 | 670K | Sep 2, 2021 | Direct | F3, F4 |
| holding | KLR | Common Stock | 680K | Sep 2, 2021 | Direct | F1, F2 | |||||
| holding | KLR | Common Stock | 5.47M | Sep 2, 2021 | By Maya Investments Ltd. | F5 |
| Id | Content |
|---|---|
| F1 | As previously disclosed, includes 679,927 Restricted Stock Units ("RSUs") issued by Kaleyra, Inc. (the "Company"), 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. |
| F2 | 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. |
| F3 | The 10,000 shares were among the 454,025 shares issued upon the vesting of RSUs on February 1, 2021 as listed in the vesting schedule in Footnote 1. |
| F4 | The price reported for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $12.48 to $12.52, 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. |
| F5 | 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. |