Ronald Totton - 14 Aug 2024 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Role: President & CEO, Director
Signature: Jack W. Kennedy Jr., Attorney-in-Fact for Ronald Totton
Issuer symbol: KORE
Transactions as of: 14 Aug 2024
Net transactions value: $0
Form type: 4
Filing time: 16 Aug 2024, 15:48:33 UTC
Previous filing: 07 May 2024
Next filing: 01 May 2025
SEC: View on sec.gov

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	+200,000		$0.000000	200,000	14 Aug 2024	Common Stock	200,000		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: 16,666 RSUs shall vest on the first anniversary of the grant date, 54,166 RSUs shall vest on the second anniversary of the grant date, 54,168 RSUs shall vest on the third anniversary of the grant date, and 75,000 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.

Content

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

The reported RSUs will vest as follows: 16,666 RSUs shall vest on the first anniversary of the grant date, 54,166 RSUs shall vest on the second anniversary of the grant date, 54,168 RSUs shall vest on the third anniversary of the grant date, and 75,000 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.