Paul Holtz - 31 Mar 2025 Form 4/A - Amendment Insider Report for KORE Group Holdings, Inc. (KORE)

Role: Exec. Vice Pres., CFO & Treas.
Signature: Paul Holtz
Issuer symbol: KORE
Transactions as of: 31 Mar 2025
Net transactions value: -$10,885
Form type: 4/A - Amendment
Filing time: 28 May 2025, 16:44:21 UTC
Date Of Original Report: 02 Apr 2025
Previous filing: 25 Mar 2025
Next filing: 28 May 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Holtz Paul	Exec. Vice Pres., CFO & Treas.	3 RAVINIA DRIVE NE, SUITE 500, ATLANTA	Paul Holtz	28 May 2025	0001896179

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KORE	Common Stock	Options Exercise	$0	+8,241	+38%	$0.000000	29,787	31 Mar 2025	Direct	F1, F2
transaction	KORE	Common Stock	Tax liability	$10,885	-4,407	-15%	$2.47	25,380	31 Mar 2025	Direct	F3, F4

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	-8,241	-100%	$0.000000	0	31 Mar 2025	Common Stock	8,241		Direct	F5, F6, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The original Form 4, filed on April 2, 2025, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported the number of shares issued upon vesting of performance-based Restricted Stock Units ("RSUs"). As a result of this administrative error, the number of shares reported as acquired and the number of shares beneficially owned by the reporting person following the corrected transaction reflects an increase of 5,018 shares.
F2	Represents shares of common stock received upon the vesting of RSUs awarded to the Reporting Person on January 4, 2022 under the Issuer's 2021 Long-Term Stock Incentive Plan, which vested based on the Issuer's satisfaction of certain performance criteria and the Reporting Person's continuous employment with the Company through March 31, 2025.
F3	The original Form 4, filed on April 2, 2025, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported the number of shares surrendered to satisfy tax withholding obligations. As a result of this administrative error, the number of shares reported as forfeited reflects an increase of 2,684 shares.
F4	Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations.
F5	Each RSU represents a right to receive one share of the issuer's common stock.
F6	The RSUs were awarded to the Reporting Person on January 4, 2022 and were subject to both a performance-based vesting condition (which condition was satisfied on April 4, 2024) and a time-based vesting condition (which condition was satisfied on March 31, 2025).
F7	The original Form 4, filed on April 2, 2025, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported the number of the number of shares issued upon vesting of performance-based RSUs. As a result of this administrative error, the number of RSUs reported as vesting and the number of shares of the issuer's common stock issuable upon such vesting to the reporting person following the corrected transaction reflects an increase of 5,018.