secwatch.observer — SEC 8-K summary
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Issuer:     KORE Group Holdings, Inc. (KORE)
CIK:        0001855457
Form:       8-K
Filed at:   2023-06-15T23:59:59+00:00
Accession:  0001193125-23-167990
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KORE amends CEO Romil Bahl's RSU awards; 171,761 stock price RSUs vest immediately
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1855457/000119312523167990/0001193125-23-167990-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1855457/000119312523167990/d506029d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-167990

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer