0001628280-24-015279.txt : 20240408
0001628280-24-015279.hdr.sgml : 20240408
20240408170111
ACCESSION NUMBER: 0001628280-24-015279
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: Holtz Paul
CENTRAL INDEX KEY: 0001896179
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40856
FILM NUMBER: 24830279
MAIL ADDRESS:
STREET 1: C/O KORE
STREET 2: 3700 MANSELL ROAD, SUITE 300
CITY: ALPHARETTA
STATE: GA
ZIP: 30022
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_1712610061.xml
FORM 4
X0508
4
2024-04-04
0
0001855457
KORE Group Holdings, Inc.
KORE
0001896179
Holtz Paul
3 RAVINIA DRIVE NE
SUITE 500
ATLANTA
GA
30346
0
1
0
0
Exec. Vice Pres., CFO & Treas.
0
Common Stock
2024-04-04
4
A
0
16109
0
A
77533
D
Common Stock
2024-04-04
4
F
0
9775
0.71
D
67758
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 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. In light of the performance-based vesting criteria of the RSUs, such shares were not previously reportable under Section 16.
Surrender of common stock upon vesting of RSUs to satisfy tax withholding obligations.
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 March 22, 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.
Paul Holtz
2024-04-08