Paul Holtz - 04 Jan 2024 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
04 Jan 2024
Net transactions value
-$5,244
Form type
4
Filing time
08 Jan 2024, 17:04:45 UTC
Previous filing
03 Oct 2023
Next filing
13 Feb 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 +3,521 +8.7% $0.000000 43,847 04 Jan 2024 Direct F1
transaction KORE Common Stock Tax liability $2,622 -2,149 -4.9% $1.22 41,698 04 Jan 2024 Direct F2
transaction KORE Common Stock Options Exercise $0 +3,521 +8.4% $0.000000 45,219 04 Jan 2024 Direct F1
transaction KORE Common Stock Tax liability $2,622 -2,149 -4.8% $1.22 43,070 04 Jan 2024 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 -3,521 -50% $0.000000 3,521 04 Jan 2024 Common Stock 3,521 Direct F1, F3
transaction KORE Restricted Stock Units Options Exercise $0 -3,521 -50% $0.000000 3,521 04 Jan 2024 Common Stock 3,521 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.