Giacomo Dall'Aglio - Sep 3, 2021 Form 4 Insider Report for Kaleyra, Inc. (KLR)

Role
EVP & CFO
Signature
/s/ Giacomo Dall'Aglio
Stock symbol
KLR
Transactions as of
Sep 3, 2021
Transactions value $
-$101,142
Form type
4
Date filed
9/8/2021, 09:43 PM
Previous filing
Aug 6, 2021
Next filing
Dec 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLR Common Stock Tax liability -$80K -6.37K -1.28% $12.56 492K Sep 3, 2021 Direct F3, F4
transaction KLR Common Stock Tax liability -$21.2K -1.69K -0.34% $12.56 490K Sep 3, 2021 Direct F5, F6
holding KLR Common Stock 499K Sep 3, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As previously disclosed, includes 391,205 Restricted Stock Units ("RSUs") issued by Kaleyra, Inc. (the "Company"), of which (i) 227,013 of such RSUs were granted on December 16, 2019 and 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) 60,000 of such RSUs were granted on February 10, 2021 and vest in sixteen quarterly installments beginning on May 1, 2021 and ending February 1, 2025; (iii) 1,192 of such RSUs were granted on March 10, 2021 and vest in full on May 1, 2021, and (iv) 103,000 RSUs were granted on August 4, 2021, 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. Dall'Aglio.
F3 Shares withheld for payment of withholding taxes upon the vesting of restricted shares granted to the reporting person on December 16, 2019.
F4 The 6,370 shares were among the shares vesting quarterly from the 227,013 RSUs granted to the reporting person on December 16, 2019.
F5 Shares withheld for payment of withholding taxes upon the vesting of restricted shares granted to the reporting person on February 10, 2021.
F6 The 1,685 shares were among the shares vesting quarterly from the 60,000 RSUs granted to the reporting person on February 10, 2021.