Morio Kurosaki - 01 Nov 2022 Form 4 Insider Report for KULR Technology Group, Inc. (KULR)

Role: Director
Signature: /s/ Morio Kurosaki
Issuer symbol: KULR
Transactions as of: 01 Nov 2022
Net transactions value: $0
Form type: 4
Filing time: 01 Nov 2022, 17:22:16 UTC
Previous filing: 09 Jun 2021
Next filing: 12 Apr 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KULR	Common Stock	Award	$0	+37,500	+7.2%	$0.000000	557,500	01 Nov 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.