4/A//SEC Filing
Holtz Paul 4/A
Accession 0001628280-25-028176
CIK 0001855457other
Filed
May 27, 8:00 PM ET
Accepted
May 28, 4:44 PM ET
Size
10.7 KB
Accession
0001628280-25-028176
Insider Transaction Report
Form 4/AAmended
Holtz Paul
Exec. Vice Pres., CFO & Treas.
Transactions
- Tax Payment
Common Stock
2025-03-31$2.47/sh−4,407$10,885→ 25,380 total - Exercise/Conversion
Restricted Stock Units
2025-03-31−8,241→ 0 total→ Common Stock (8,241 underlying) - Exercise/Conversion
Common Stock
2025-03-31+8,241→ 29,787 total
Footnotes (7)
- [F1]The original Form 4, filed on April 2, 2025, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported the number of shares issued upon vesting of performance-based Restricted Stock Units ("RSUs"). As a result of this administrative error, the number of shares reported as acquired and the number of shares beneficially owned by the reporting person following the corrected transaction reflects an increase of 5,018 shares.
- [F2]Represents shares of common stock received upon the vesting of 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.
- [F3]The original Form 4, filed on April 2, 2025, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported the number of shares surrendered to satisfy tax withholding obligations. As a result of this administrative error, the number of shares reported as forfeited reflects an increase of 2,684 shares.
- [F4]Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations.
- [F5]Each RSU represents a right to receive one share of the issuer's common stock.
- [F6]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).
- [F7]The original Form 4, filed on April 2, 2025, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported the number of the number of shares issued upon vesting of performance-based RSUs. As a result of this administrative error, the number of RSUs reported as vesting and the number of shares of the issuer's common stock issuable upon such vesting to the reporting person following the corrected transaction reflects an increase of 5,018.
Documents
Issuer
KORE Group Holdings, Inc.
CIK 0001855457
Entity typeother
Related Parties
1- filerCIK 0001896179
Filing Metadata
- Form type
- 4/A
- Filed
- May 27, 8:00 PM ET
- Accepted
- May 28, 4:44 PM ET
- Size
- 10.7 KB