Morio Kurosaki - Nov 1, 2022 Form 4 Insider Report for KULR Technology Group, Inc. (KULR)

Role: Director
Signature: /s/ Morio Kurosaki
Stock symbol: KULR
Transactions as of: Nov 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 11/1/2022, 05:22 PM
Previous filing: Jun 9, 2021
Next filing: Apr 12, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KULR	Common Stock	Award	$0	+37.5K	+7.21%	$0.00	558K	Nov 1, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On November 1, 2022, the Issuer issued to Morio Kurosaki, as board compensation, an equity incentive grant for 37,500 shares of the Issuer's common stock, of which 7,500 shares vested immediately, 7,500 shares will vest on December 31, 2022 and 7,500 shares will vest quarterly thereafter.
F2	Reflects (i) restricted shares of the Issuer's common stock granted to the reporting person, on June 7, 2021, the effective date of the reporting person's appointment as a director of the Company, which shares previously vested; (ii) 400,000 shares of common stock previously acquired, and (iii) 37,500 shares underlying an equity incentive grant issued, on November 1, 2022,as Board compensation, of which 7,500 have already vested, 7,500 will vest on December 31, 2022 and 7,500 will vest quarterly thereafter.

Content

On November 1, 2022, the Issuer issued to Morio Kurosaki, as board compensation, an equity incentive grant for 37,500 shares of the Issuer's common stock, of which 7,500 shares vested immediately, 7,500 shares will vest on December 31, 2022 and 7,500 shares will vest quarterly thereafter.

Reflects (i) restricted shares of the Issuer's common stock granted to the reporting person, on June 7, 2021, the effective date of the reporting person's appointment as a director of the Company, which shares previously vested; (ii) 400,000 shares of common stock previously acquired, and (iii) 37,500 shares underlying an equity incentive grant issued, on November 1, 2022,as Board compensation, of which 7,500 have already vested, 7,500 will vest on December 31, 2022 and 7,500 will vest quarterly thereafter.