Holtz Paul 4
4 · KORE Group Holdings, Inc. · Filed Apr 2, 2025
Insider Transaction Report
Form 4
Holtz Paul
Exec. Vice Pres., CFO & Treas.
Transactions
- Award
Common Stock
2025-03-31+3,223→ 24,769 total - Tax Payment
Common Stock
2025-03-31$2.47/sh−1,723$4,256→ 23,046 total - Exercise/Conversion
Restricted Stock Units
2025-03-31−3,223→ 0 total→ Common Stock (3,223 underlying)
Footnotes (4)
- [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 and March 22, 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 March 22, 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).