Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KORE | Common Stock | Award | $0 | +11.3K | +17.59% | $0.00 | 75.4K | Apr 4, 2024 | Direct | F1 |
transaction | KORE | Common Stock | Tax liability | -$2.82K | -3.97K | -5.26% | $0.71 | 71.4K | Apr 4, 2024 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | KORE | Restricted Stock Units | Award | $0 | +11.3K | +21.35% | $0.00 | 64.1K | Apr 4, 2024 | Common Stock | 11.3K | Direct | F3, F4 |
Id | Content |
---|---|
F1 | Represents shares of common stock received upon the vesting of a portion of the performance-based restricted stock units ("RSUs") awarded to the Reporting Person on January 4, 2022 under the Issuer's 2021 Long-Term Stock Incentive Plan, which vested based on the Issuer's satisfaction of certain performance criteria. In light of the performance-based vesting criteria of the RSUs, such shares were not previously reportable under Section 16. |
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 RSUs were awarded to the Reporting Person on January 4, 2022 and were subject to both a performance-based vesting condition (which condition has been satisfied as of April 4, 2024) and a time-based vesting condition (which condition will be satisfied on March 31, 2025, assuming continuous service of the Reporting Person through such date). In light of the performance-based vesting criteria of the RSUs, such RSUs were not previously reportable under Section 16. |