Giacomo Dall'Aglio - 09 Jun 2022 Form 4 Insider Report for Kaleyra, Inc. (KLR)

Signature
/s/ Giacomo Dall'Aglio
Issuer symbol
KLR
Transactions as of
09 Jun 2022
Net transactions value
-$138,301
Form type
4
Filing time
14 Jun 2022, 20:20:39 UTC
Previous filing
06 Jun 2022
Next filing
15 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLR Common Stock Sale $32,324 -11,154 -2% $2.90 559,531 09 Jun 2022 Direct F1, F2
transaction KLR Common Stock Sale $32,992 -11,560 -2.1% $2.85 547,971 10 Jun 2022 Direct F1, F2
transaction KLR Common Stock Sale $72,985 -30,234 -5.5% $2.41 517,737 13 Jun 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares sold to cover the statutory tax withholding obligations in connection with the vesting of Restricted Stock Units ("RSUs"). This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of minimum statutory tax withholding obligations to be funded by a "sell-to-cover" transaction and does not represent a discretionary sale by the Reporting Person.
F2 Includes RSUs subject to vesting pursuant to previously disclosed vesting schedules.

Remarks:

Executive Vice President and CFO