Emilio Hirsch - Feb 9, 2022 Form 4 Insider Report for Kaleyra, Inc. (KLR)

Role
Director, 10%+ Owner
Signature
/s/ Emilio Hirsch, Individually
Stock symbol
KLR
Transactions as of
Feb 9, 2022
Transactions value $
$0
Form type
4
Date filed
2/11/2022, 05:54 PM
Previous filing
Dec 29, 2021
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLR Common Stock Award $0 +35K +44.35% $0.00 114K Feb 9, 2022 Direct F1, F2, F3
holding KLR Common Stock 93.1K Feb 9, 2022 By EFFE PI Societa Semplice F4
holding KLR Common Stock 5.62M Feb 9, 2022 By Esse Effe S.p.A. F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to the Reporting Person's continued service to the Issuer, the Restricted Stock Units ("RSUs") vest in sixteen quarterly installments, beginning on May 1, 2022 and ending on February 1, 2026.
F2 Includes additional RSUs subject to vesting pursuant to previously disclosed vesting schedules.
F3 All RSUs shall immediately vest in the event of a Change of Control (as defined in the Issuer's 2019 Equity Incentive Plan) of the Issuer. In addition, to the extent that the Reporting Person has served as a director for at least three years during any period after November 25, 2019, and such Reporting Person either resigns from the Board or chooses not to stand for reelection as a member of the Board and as a result, separates from service with the Issuer, 100% of the then unvested portion of any RSUs held by such Reporting Person will also immediately become fully vested upon the date of such separation from service.
F4 EFFE PI Societa Semplice ("EFFE PI") is affiliated with Emilio Hirsch, and Mr. Hirsch is deemed to have acquired a beneficial ownership interest in the reported securities held by EFFE PI.
F5 Esse Effe S.p.A. ("Esse Effe") is now affiliated with EFFE PI and Emilio Hirsch, and EFFE PI and Mr. Hirsch are each deemed to have acquired a beneficial ownership interest in the reported securities held by Esse Effe.