0001628280-24-015281.txt : 20240408
0001628280-24-015281.hdr.sgml : 20240408
20240408170134
ACCESSION NUMBER: 0001628280-24-015281
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240404
FILED AS OF DATE: 20240408
DATE AS OF CHANGE: 20240408
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sachdev Tushar K.
CENTRAL INDEX KEY: 0001582550
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40856
FILM NUMBER: 24830284
MAIL ADDRESS:
STREET 1: 600 GALLERIA PARKWAY, SUITE 100
CITY: ATLANTA
STATE: GA
ZIP: 30339
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: KORE Group Holdings, Inc.
CENTRAL INDEX KEY: 0001855457
STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 863078783
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3 RAVINIA DRIVE NE
STREET 2: SUITE 500
CITY: ATLANTA
STATE: GA
ZIP: 30346
BUSINESS PHONE: 877-710-5673
MAIL ADDRESS:
STREET 1: 3 RAVINIA DRIVE NE
STREET 2: SUITE 500
CITY: ATLANTA
STATE: GA
ZIP: 30346
FORMER COMPANY:
FORMER CONFORMED NAME: King Pubco, Inc.
DATE OF NAME CHANGE: 20210406
4
1
wk-form4_1712610085.xml
FORM 4
X0508
4
2024-04-04
0
0001855457
KORE Group Holdings, Inc.
KORE
0001582550
Sachdev Tushar K.
3 RAVINIA DR NE
SUITE 500
ATLANTA
GA
30346
0
1
0
0
EVP & Chief Technology Officer
0
Common Stock
2024-04-04
4
A
0
16109
0
A
160096
D
Restricted Stock Units
2024-04-04
4
A
0
16109
0
A
Common Stock
16109
16109
D
Represents shares of common stock received upon the vesting of a portion of the 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. In light of the performance-based vesting criteria of the RSUs, such shares were not previously reportable under Section 16.
Each RSU represents a right to receive one share of the issuer's common stock.
The RSUs were awarded to the Reporting Person on January 4, 2022 and were subject to both a performance-based vesting condition (which condition has been satisfied as of April 4, 2024) and a time-based vesting condition (which condition will be satisfied on March 31, 2025, assuming continuous service of the Reporting Person through such date). In light of the performance-based vesting criteria of the RSUs, such RSUs were not previously reportable under Section 16.
Jack W. Kennedy Jr., Attorney-in-Fact, Tushar K. Sachdev
2024-04-08