Paul Holtz - 09 Feb 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
09 Feb 2024
Net transactions value
-$14,467
Form type
4
Filing time
13 Feb 2024, 17:01:37 UTC
Previous filing
08 Jan 2024
Next filing
26 Mar 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 +25,946 +60% $0.000000 69,016 09 Feb 2024 Direct F1
transaction KORE Common Stock Tax liability $14,467 -15,228 -22% $0.9500 53,788 09 Feb 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 -25,946 -33% $0.000000 51,891 09 Feb 2024 Common Stock 25,946 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs").
F2 Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations.
F3 Each RSU represents the right to receive one share of the issuer's common stock.
F4 The remaining RSUs will vest in two equal installments on each of February 9, 2024 and February 9, 2025.