KORE Group Holdings Inc.

05/07/2024 | Press release | Distributed by Public on 05/07/2024 11:33

Initial Statement of Beneficial Ownership - Form 3

Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Totton Ronald
2. Date of Event Requiring Statement (Month/Day/Year)
2024-05-03
3. Issuer Name and Ticker or Trading Symbol
KORE Group Holdings, Inc. [KORE]
(Last) (First) (Middle)
3 RAVINIA DR NE , SUITE 500
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
Interim President & CEO /
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)
ATLANTA GA 30346
6. Individual or Join/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security 2. Amount of Securities Beneficially Owned 3. Ownership Form: Direct (D) or Indirect (I) 4. Nature of Indirect Beneficial Ownership
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Date Exercisable and Expiration Date 3. Title and Amount of Securities Underlying Derivative Security 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 6. Nature of Indirect Beneficial Ownership
Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Totton Ronald
3 RAVINIA DR NE
SUITE 500
ATLANTA, GA30346


Interim President & CEO

Signatures

Jack W. Kennedy Jr., Attorney-in-Fact for Ronald Totton 2024-05-07
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Each restricted stock unit ("RSU") represents a right to receive one share of the issuer's common stock.
(2) The RSUs were granted on April 29, 2024 upon the reporting person's employment with the issuer as an executive advisor and shall vest in full on the earlier of (i) the one-year anniversary of the grant date subject to the reporting person's continuous service from the grant date until the one-year anniversary of the grant date or (ii) the date the reporting person's service with the issuer terminates (other than a termination by the issuer for cause and other than by reporting person's voluntary resignation not in connection with the issuer's appointment of a permanent successor President and CEO other than the reporting person).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.