Bruce William Gordon - Jul 2, 2024 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Signature
Jack W. Kennedy Jr., Attorney-in-Fact for Bruce William Gordon
Stock symbol
KORE
Transactions as of
Jul 2, 2024
Transactions value $
$0
Form type
4
Date filed
7/5/2024, 04:32 PM

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 Award $0 +100K $0.00 100K Jul 2, 2024 Common Stock 100K 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 reported RSUs will vest as follows: 10,000 RSUs shall vest on the first anniversary of the grant date, 27,500 RSUs shall vest on the second anniversary of the grant date, 27,500 RSUs shall vest on the third anniversary of the grant date, and 35,000 RSUs shall vest on the fourth anniversary of the grant date, subject to the reporting person's continuous employment or service to the issuer through the applicable vesting date.