Dario Calogero - Mar 9, 2022 Form 4 Insider Report for Kaleyra, Inc. (KLR)

Signature
/s/ Dario Calogero, Individually
Stock symbol
KLR
Transactions as of
Mar 9, 2022
Transactions value $
-$390,859
Form type
4
Date filed
3/11/2022, 04:28 PM
Previous filing
Dec 10, 2021
Next filing
May 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLR Common Stock Sale -$335K -50K -0.93% $6.69 5.34M Mar 9, 2022 By Maya Investments Ltd F1, F2
transaction KLR Common Stock Tax liability -$56.2K -8.5K -1.37% $6.61 610K Mar 10, 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported for this transaction is a weighted-average price. The shares were sold in multiple transactions ranging from $6.70 to $6.85, 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.
F2 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.
F3 The Issuer 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.
F4 Includes RSUs subject to vesting pursuant to previously disclosed vesting schedules.