Bryan Lubel - Feb 9, 2024 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Role
Exec. VP., Connected Health
Signature
Jack W. Kennedy Jr., Attorney-in-Fact for Bryan Lubel
Stock symbol
KORE
Transactions as of
Feb 9, 2024
Transactions value $
-$14,713
Form type
4
Date filed
2/13/2024, 05:02 PM
Previous filing
Jan 8, 2024
Next filing
Apr 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KORE Common Stock Options Exercise $0 +37.1K +45.94% $0.00 118K Feb 9, 2024 Direct F1
transaction KORE Common Stock Tax liability -$14.7K -15.5K -13.15% $0.95 102K Feb 9, 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 -37.1K -33.33% $0.00 74.1K Feb 9, 2024 Common Stock 37.1K 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 a 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.