Jared Deith - Aug 15, 2024 Form 3 Insider Report for KORE Group Holdings, Inc. (KORE)

Signature
Jack W. Kennedy Jr., Attorney-in-Fact for Jared Deith
Stock symbol
KORE
Transactions as of
Aug 15, 2024
Transactions value $
$0
Form type
3
Date filed
8/19/2024, 04:08 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KORE Common Stock 433K Aug 15, 2024 Direct

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 Aug 15, 2024 Common Stock 7.41K Direct F1, F2
holding KORE Restricted Stock Units Aug 15, 2024 Common Stock 4.08K Direct F1, F3
holding KORE Restricted Stock Units Aug 15, 2024 Common Stock 907 Direct F1, F4
* 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 in two equal installments on each of February 9, 2025 and February 9, 2026, subject to the reporting person's continuous employment or service to the issuer through the applicable vesting date.
F3 The reported RSUs will vest as follows: one-third of the RSUs shall vest on February 17, 2024, and two-thirds of the RSUs shall vest on February 17, 2025, subject to the reporting person's continuous employment or service to the issuer through the applicable vesting date.
F4 The reported RSUs will vest will vest in full on February 17, 2025, subject to the reporting person's continuous employment or service to the issuer through the applicable vesting date.