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