Ronald Totton - May 3, 2024 Form 3 Insider Report for KORE Group Holdings, Inc. (KORE)

Role: Interim President & CEO
Signature: Jack W. Kennedy Jr., Attorney-in-Fact for Ronald Totton
Stock symbol: KORE
Transactions as of: May 3, 2024
Transactions value $: $0
Form type: 3
Date filed: 5/7/2024, 01:32 PM
Next filing: Aug 16, 2024

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
holding	KORE	Restricted Stock Units							May 3, 2024	Common Stock	250K		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 RSUs were granted on April 29, 2024 upon the reporting person's employment with the issuer as an executive advisor and shall vest in full on the earlier of (i) the one-year anniversary of the grant date subject to the reporting person's continuous service from the grant date until the one-year anniversary of the grant date or (ii) the date the reporting person's service with the issuer terminates (other than a termination by the issuer for cause and other than by reporting person's voluntary resignation not in connection with the issuer's appointment of a permanent successor President and CEO other than the reporting person).

Content

Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's common stock.

The RSUs were granted on April 29, 2024 upon the reporting person's employment with the issuer as an executive advisor and shall vest in full on the earlier of (i) the one-year anniversary of the grant date subject to the reporting person's continuous service from the grant date until the one-year anniversary of the grant date or (ii) the date the reporting person's service with the issuer terminates (other than a termination by the issuer for cause and other than by reporting person's voluntary resignation not in connection with the issuer's appointment of a permanent successor President and CEO other than the reporting person).