Louise P. Winstone - 04 Jan 2023 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Role
EVP, Chief HR Officer
Signature
Jack W. Kennedy Jr., Attorney-in-Fact for Louise Winstone
Issuer symbol
KORE
Transactions as of
04 Jan 2023
Net transactions value
-$8,087
Form type
4
Filing time
06 Jan 2023, 15:49:13 UTC
Previous filing
23 Dec 2021
Next filing
10 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KORE Common Stock Options Exercise $0 +8,216 +96% $0.000000 16,737 04 Jan 2023 Direct F1
transaction KORE Common Stock Tax liability $4,044 -2,909 -17% $1.39 13,828 04 Jan 2023 Direct F2
transaction KORE Common Stock Options Exercise $0 +8,216 +59% $0.000000 22,044 04 Jan 2023 Direct F1
transaction KORE Common Stock Tax liability $4,044 -2,909 -13% $1.39 19,135 04 Jan 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KORE Restricted Stock Units Options Exercise $0 -8,216 -33% $0.000000 16,432 04 Jan 2023 Common Stock 8,216 Direct F1, F3
transaction KORE Restricted Stock Units Options Exercise $0 -8,216 -33% $0.000000 16,432 04 Jan 2023 Common Stock 8,216 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's common stock.
F2 Surrender of stock upon vesting of restricted stock units to satisfy tax withholding obligations.
F3 The remaining reported RSUs will vest in two equal installments on each of January 4, 2024 and January 4, 2025.