leadership
confidence high
sentiment neutral
materiality 0.60
KORE amends CEO Romil Bahl's RSU awards; 171,761 stock price RSUs vest immediately
KORE Group Holdings, Inc.
- Amendment to CEO Romil Bahl's RSU agreements effective June 9, 2023, modifying vesting schedules.
- Stock Price RSU Award of 171,761 RSUs fully vested on the effective date.
- 2021 Annual Grant: 200,000 performance-based RSUs vest 50% March 31, 2024 and 50% March 31, 2025; up to 50,000 additional possible.
- 2022 Annual Grant: 200,000 performance-based RSUs vest March 31, 2025; up to 100,000 additional based on performance.
- Company Revenue RSU Award of 216,667 RSUs fully vests on March 31, 2025.