Jared Deith - 31 Mar 2025 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Role
EVP & Chief Revenue Officer
Signature
Jack W. Kennedy Jr., Attorney-in-Fact for Jared Deith
Issuer symbol
KORE
Transactions as of
31 Mar 2025
Net transactions value
-$1,704
Form type
4
Filing time
28 May 2025, 16:45:47 UTC
Previous filing
19 Feb 2025
Next filing
02 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Deith Jared EVP & Chief Revenue Officer 3 RAVINIA DR NE, SUITE 500, ATLANTA Jack W. Kennedy Jr., Attorney-in-Fact for Jared Deith 28 May 2025 0002034222

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KORE Common Stock Options Exercise $0 +1,940 +0.44% $0.000000 440,559 31 Mar 2025 Direct F1
transaction KORE Common Stock Tax liability $1,704 -690 -0.16% $2.47 439,869 31 Mar 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 -1,940 -100% $0.000000 0 31 Mar 2025 Common Stock 1,940 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Surrender of common 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 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).