Cheemin Bo-Linn - Jun 12, 2024 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Role
Director
Signature
Jack W. Kennedy, Attorney-in-Fact for Cheemin Bo-Linn
Stock symbol
KORE
Transactions as of
Jun 12, 2024
Transactions value $
$0
Form type
4
Date filed
6/14/2024, 04:03 PM
Previous filing
Apr 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KORE Common Stock Options Exercise $0 +115K +159.01% $0.00 188K Jun 12, 2024 Direct F1

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 -115K -100% $0.00* 0 Jun 12, 2024 Common Stock 115K Direct F2
transaction KORE Restricted Stock Units Award $0 +224K $0.00 224K Jun 12, 2024 Common Stock 224K Direct F2, F3
* 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 June 12, 2024.
F2 Each RSU represents a right to receive one share of the issuer's common stock.
F3 The reported RSUs will vest on the earlier of (i) the date of the issuer's 2025 annual meeting and (ii) June 12, 2025, in each case assuming continued director service.