Jack William Kennedy Jr. - Mar 31, 2025 Form 4 Insider Report for KORE Group Holdings, Inc. (KORE)

Role
EVP, Chief Legal Officer & Sec
Signature
Jack William Kennedy Jr.
Stock symbol
KORE
Transactions as of
Mar 31, 2025
Transactions value $
-$1,623
Form type
4
Date filed
4/2/2025, 04:54 PM
Previous filing
Feb 11, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KORE Common Stock Options Exercise $0 +2.26K +9.23% $0.00 26.7K Mar 31, 2025 Direct F1
transaction KORE Common Stock Tax liability -$1.62K -657 -2.46% $2.47 26K Mar 31, 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 -2.26K -100% $0.00 0 Mar 31, 2025 Common Stock 2.26K 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 performance-based restricted stock units ("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).