Paul Holtz - 30 Sep 2023 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Role
Exec. Vice Pres., CFO & Treas.
Signature
Paul Holtz
Issuer symbol
KORE
Transactions as of
30 Sep 2023
Net transactions value
-$14,467
Form type
4
Filing time
03 Oct 2023, 16:28:27 UTC
Previous filing
10 Feb 2023
Next filing
08 Jan 2024
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 +7,922 +40% $0.000000 27,658 30 Sep 2023 Direct
transaction KORE Common Stock Tax liability $2,586 -4,240 -15% $0.6100 23,418 30 Sep 2023 Direct
transaction KORE Common Stock Options Exercise $0 +36,384 +155% $0.000000 59,802 30 Sep 2023 Direct
transaction KORE Common Stock Tax liability $11,880 -19,476 -33% $0.6100 40,326 30 Sep 2023 Direct

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 -7,922 -25% $0.000000 23,768 30 Sep 2023 Common Stock 7,922 Direct F1, F2
transaction KORE Restricted Stock Units Options Exercise $0 -36,384 -33% $0.000000 72,770 30 Sep 2023 Common Stock 36,384 Direct F1, F2
* 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 The remaining reported RSUs will vest two installments of one-third on September 30, 2024 and two-thirds on September 30, 2025.