Paul Holtz - 09 Feb 2025 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Signature
Paul Holtz
Issuer symbol
KORE
Transactions as of
09 Feb 2025
Net transactions value
-$8,078
Form type
4
Filing time
11 Feb 2025, 16:47:13 UTC
Previous filing
07 Jan 2025
Next filing
25 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KORE Common Stock Options Exercise $0 +5,189 +28% $0.000000 23,434 09 Feb 2025 Direct F1
transaction KORE Common Stock Tax liability $8,078 -3,168 -14% $2.55 20,266 09 Feb 2025 Direct 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 -5,189 -50% $0.000000 5,190 09 Feb 2025 Common Stock 5,189 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of issuer's common stock received upon vesting of Restricted Stock Units ("RSUs").
F2 Surrender of stock upon vesting of RSUs to satisfy tax withholding obligations.
F3 Each RSU represents a right to receive one share of the issuer's common stock.
F4 The remaining reported RSUs will vest in full on February 9, 2026, subject to the reporting person's continuous employment or service to the issuer through the vesting date.