Cheemin Bo-Linn - 12 Jun 2024 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Role
Director
Signature
Jack W. Kennedy, Attorney-in-Fact for Cheemin Bo-Linn
Issuer symbol
KORE
Transactions as of
12 Jun 2024
Net transactions value
$0
Form type
4
Filing time
14 Jun 2024, 16:03:16 UTC
Previous filing
19 Apr 2024
Next filing
02 Oct 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 +115,384 +159% $0.000000 187,946 12 Jun 2024 Direct F1

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 -115,384 -100% $0.000000* 0 12 Jun 2024 Common Stock 115,384 Direct F2
transaction KORE Restricted Stock Units Award $0 +223,880 $0.000000 223,880 12 Jun 2024 Common Stock 223,880 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued upon vesting of restricted stock units ("RSUs") on June 12, 2024.
F2 Each RSU represents a right to receive one share of the issuer's common stock.
F3 The reported RSUs will vest on the earlier of (i) the date of the issuer's 2025 annual meeting and (ii) June 12, 2025, in each case assuming continued director service.