Paul Holtz - Jan 4, 2023 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Role: Exec. Vice Pres., CFO & Treas.
Signature: Paul Holtz
Stock symbol: KORE
Transactions as of: Jan 4, 2023
Transactions value $: -$15,621
Form type: 4
Date filed: 1/6/2023, 03:50 PM
Previous filing: Dec 21, 2022
Next filing: Feb 10, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KORE	Common Stock	Options Exercise	$0	+3.52K	+46.95%	$0.00	11K	Jan 4, 2023	Direct	F1
transaction	KORE	Common Stock	Tax liability	-$2.34K	-1.69K	-15.3%	$1.39	9.34K	Jan 4, 2023	Direct	F2
transaction	KORE	Common Stock	Options Exercise	$0	+3.52K	+37.72%	$0.00	12.9K	Jan 4, 2023	Direct	F1
transaction	KORE	Common Stock	Tax liability	-$2.34K	-1.69K	-13.11%	$1.39	11.2K	Jan 4, 2023	Direct	F2
transaction	KORE	Common Stock	Options Exercise	$0	+8.22K	+73.55%	$0.00	19.4K	Jan 4, 2023	Direct	F1
transaction	KORE	Common Stock	Tax liability	-$5.47K	-3.93K	-20.29%	$1.39	15.5K	Jan 4, 2023	Direct	F2
transaction	KORE	Common Stock	Options Exercise	$0	+8.22K	+53.17%	$0.00	23.7K	Jan 4, 2023	Direct	F1
transaction	KORE	Common Stock	Tax liability	-$5.47K	-3.93K	-16.62%	$1.39	19.7K	Jan 4, 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	-3.52K	-33.33%	$0.00	7.04K	Jan 4, 2023	Common Stock	3.52K		Direct	F1, F3
transaction	KORE	Restricted Stock Units	Options Exercise	$0	-3.52K	-33.33%	$0.00	7.04K	Jan 4, 2023	Common Stock	3.52K		Direct	F1, F3
transaction	KORE	Restricted Stock Units	Options Exercise	$0	-8.22K	-33.33%	$0.00	16.4K	Jan 4, 2023	Common Stock	8.22K		Direct	F1, F3
transaction	KORE	Restricted Stock Units	Options Exercise	$0	-8.22K	-33.33%	$0.00	16.4K	Jan 4, 2023	Common Stock	8.22K		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.