Tushar K. Sachdev - 04 Jan 2023 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Role
EVP & Chief Technology Officer
Signature
Jack W. Kennedy Jr., Attorney-in-Fact, Tushar K. Sachdev
Issuer symbol
KORE
Transactions as of
04 Jan 2023
Net transactions value
-$11,551
Form type
4
Filing time
06 Jan 2023, 15:49:52 UTC
Previous filing
19 Dec 2022
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 +11,737 +35% $0.000000 44,809 04 Jan 2023 Direct F1
transaction KORE Common Stock Tax liability $5,775 -4,155 -9.3% $1.39 40,654 04 Jan 2023 Direct F2
transaction KORE Common Stock Options Exercise $0 +11,737 +29% $0.000000 52,391 04 Jan 2023 Direct F1
transaction KORE Common Stock Tax liability $5,775 -4,155 -7.9% $1.39 48,236 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 -11,737 -33% $0.000000 23,474 04 Jan 2023 Common Stock 11,737 Direct F1, F3
transaction KORE Restricted Stock Units Options Exercise $0 -11,737 -33% $0.000000 23,474 04 Jan 2023 Common Stock 11,737 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 RSUs 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.