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

Signature
Jack W. Kennedy Jr., as Attorney-In-Fact, Romil Bahl
Issuer symbol
KORE
Transactions as of
30 Sep 2023
Net transactions value
$0
Form type
4
Filing time
03 Oct 2023, 16:30:29 UTC
Previous filing
20 Jun 2023
Next filing
26 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KORE Common Stock Options Exercise $0 +200,000 +39% $0.000000 711,765 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 -200,000 -25% $0.000000 600,000 30 Sep 2023 Common Stock 200,000 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.