Jack William Kennedy Jr. - 31 Mar 2025 Form 4/A - Amendment Insider Report for KORE Group Holdings, Inc. (KORE)

Signature
Jack William Kennedy Jr.
Issuer symbol
KORE
Transactions as of
31 Mar 2025
Net transactions value
-$4,155
Form type
4/A - Amendment
Filing time
28 May 2025, 16:44:53 UTC
Date Of Original Report
02 Apr 2025
Previous filing
11 Feb 2025
Next filing
28 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kennedy Jack William Jr. EVP, Chief Legal Officer & Sec 3 RAVINIA DR NE, SUITE 500, ATLANTA Jack William Kennedy Jr. 28 May 2025 0001588345

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KORE Common Stock Options Exercise $0 +5,768 +24% $0.000000 30,210 31 Mar 2025 Direct F1, F2
transaction KORE Common Stock Tax liability $4,155 -1,682 -5.6% $2.47 28,528 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 -5,768 -100% $0.000000 0 31 Mar 2025 Common Stock 5,768 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 3,513 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 1,025 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 3,513.