Nicola Vitto - 03 Nov 2021 Form 3 Insider Report for Kaleyra, Inc. (KLR)

Role: Chief Product Officer
Signature: /s/ Nicola Junior Vitto
Issuer symbol: KLR
Transactions as of: 03 Nov 2021
Net transactions value: $0
Form type: 3
Filing time: 08 Nov 2021, 18:40:32 UTC
Next filing: 09 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	KLR	Common Stock						146,485	03 Nov 2021	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Includes an aggregate of 116,568 Restricted Stock Units ("RSUs"), issued by Kaleyra, Inc. (the "Company"), each RSU is subject to the Reporting Person's continued service to the Company, of which:(i) 9,281 of such RSUs have vested, but not yet been distributed, (ii) 63,848 of such RSUs vest in nine quarterly installments, beginning on February 1, 2022 and ending on February 1, 2024, (iii) 28,439 of such RSUs vest in thirteen quarterly installments, beginning on February 1, 2022 and ending on February 1, 2025, and (iv) 15,000 RSUs issued by the Company which vest on May 1, 2022, provided that the Company achieves in fiscal year 2021, certain total revenue and adjusted gross margin targets.

Content

Includes an aggregate of 116,568 Restricted Stock Units ("RSUs"), issued by Kaleyra, Inc. (the "Company"), each RSU is subject to the Reporting Person's continued service to the Company, of which:(i) 9,281 of such RSUs have vested, but not yet been distributed, (ii) 63,848 of such RSUs vest in nine quarterly installments, beginning on February 1, 2022 and ending on February 1, 2024, (iii) 28,439 of such RSUs vest in thirteen quarterly installments, beginning on February 1, 2022 and ending on February 1, 2025, and (iv) 15,000 RSUs issued by the Company which vest on May 1, 2022, provided that the Company achieves in fiscal year 2021, certain total revenue and adjusted gross margin targets.