Timothy M. Donahue - Sep 30, 2024 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Role
Director
Signature
Jack W. Kennedy Jr., Attorney-in-Fact for Timothy M. Donahue
Stock symbol
KORE
Transactions as of
Sep 30, 2024
Transactions value $
$0
Form type
4
Date filed
10/2/2024, 04:15 PM
Previous filing
Jun 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KORE Common Stock Options Exercise $0 +1K +2.66% $0.00 38.6K Sep 30, 2024 Direct F1, F2

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 -1K -100% $0.00 0 Sep 30, 2024 Common Stock 1K Direct F2, F3, F4
* 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 September 30, 2024.
F2 Effective on July 1, 2024, the Issuer effected a 1 to 5 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.
F3 Each RSU represents a right to receive one share of the issuer's common stock.
F4 The RSUs fully vested on September 30, 2024.