Matteo Lodrini - 09 Feb 2022 Form 4 Insider Report for Kaleyra, Inc. (KLR)

Role
Director
Signature
/s/ Matteo Lodrini
Issuer symbol
KLR
Transactions as of
09 Feb 2022
Net transactions value
$0
Form type
4
Filing time
11 Feb 2022, 18:38:52 UTC
Previous filing
23 Dec 2021
Next filing
01 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KLR Common Stock Award $0 +35,000 +18% $0.000000 232,027 09 Feb 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Subject to the Reporting Person's continued service to the Issuer, the Restricted Stock Units ("RSUs") vest in sixteen quarterly installments, beginning on May 1, 2022 and ending on February 1, 2026.
F2 Includes additional RSUs subject to vesting pursuant to previously disclosed vesting schedules.
F3 All RSUs shall immediately vest in the event of a Change of Control (as defined in the Issuer's 2019 Equity Incentive Plan) of the Issuer. In addition, to the extent that the Reporting Person has served as a director for at least three years during any period after November 25, 2019, and such Reporting Person either resigns from the Board or chooses not to stand for reelection as a member of the Board and as a result, separates from service with the Issuer, 100% of the then unvested portion of any RSUs held by such Reporting Person will also immediately become fully vested upon the date of such separation from service.