Avi S. Katz - Nov 17, 2021 Form 4 Insider Report for Kaleyra, Inc. (KLR)

Signature
/s/ Avi S. Katz, individually
Stock symbol
KLR
Transactions as of
Nov 17, 2021
Transactions value $
-$614,615
Form type
4
Date filed
11/19/2021, 06:57 PM
Previous filing
Oct 26, 2021
Next filing
Dec 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLR Common Stock Sale -$189K -15.3K -1.23% $12.35 1.23M Nov 17, 2021 Direct F1, F2
transaction KLR Common Stock Sale -$87.8K -7.16K -0.58% $12.27 1.23M Nov 18, 2021 Direct F1, F3
transaction KLR Common Stock Sale -$338K -27.5K -2.25% $12.27 1.2M Nov 19, 2021 Direct F1, F4
holding KLR Common Stock 1.25M Nov 17, 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 387,013 Restricted Stock Units ("RSUs") issued by Kaleyra, Inc. (the "Company"), of which (i) 227,013 of such RSUs vest as follows: 25% of the RSUs 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 vest in sixteen quarterly installments, beginning on May 1, 2021 and ending on February 1, 2025, and (iii) 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 $12.25 to $12.45, 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 for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $12.25 to $12.32, inclusive.
F4 The price reported for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $12.25 to $12.42, inclusive.