Paul Holtz - Sep 30, 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
Sep 30, 2023
Transactions value $
-$14,467
Form type
4
Date filed
10/3/2023, 04:28 PM
Previous filing
Feb 10, 2023
Next filing
Jan 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KORE Common Stock Options Exercise $0 +7.92K +40.14% $0.00 27.7K Sep 30, 2023 Direct
transaction KORE Common Stock Tax liability -$2.59K -4.24K -15.33% $0.61 23.4K Sep 30, 2023 Direct
transaction KORE Common Stock Options Exercise $0 +36.4K +155.37% $0.00 59.8K Sep 30, 2023 Direct
transaction KORE Common Stock Tax liability -$11.9K -19.5K -32.57% $0.61 40.3K Sep 30, 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 -7.92K -25% $0.00 23.8K Sep 30, 2023 Common Stock 7.92K Direct F1, F2
transaction KORE Restricted Stock Units Options Exercise $0 -36.4K -33.33% $0.00 72.8K Sep 30, 2023 Common Stock 36.4K 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.