Terry Keith Cochran - Oct 28, 2022 Form 4 Insider Report for KULR Technology Group, Inc. (KULR)

Role
President and COO
Signature
/s/ Terry Keith Cochran
Stock symbol
KULR
Transactions as of
Oct 28, 2022
Transactions value $
$3,523
Form type
4
Date filed
11/1/2022, 05:23 PM
Previous filing
Apr 4, 2022
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KULR Common Stock Disposed to Issuer $3.52K +1.6K +0.59% $2.20 273K Oct 28, 2022 Direct F1
transaction KULR Common Stock Disposed to Issuer $0 -1.5M -84.58% $0.00 273K Nov 1, 2022 Direct F2
transaction KULR Common Stock Award $0 +1.5M $0.00 273K Nov 1, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 28, 2022, Terry Keith Cochran, pursuant to a Rule 10b5-1 trading plan, sold an aggregate of 1,601 shares of common stock in open market transactions at a price per share equal to $2.2006, reducing Mr. Cochran's amount of shares beneficially owned to 273,495 shares. The price per share equal to $2.2006 represents the weighted average sales price for the shares. Upon request by the Commission, the Issuer or the Reporting Person shall provide full information regarding the number of shares sold at each separate price.
F2 On June 10, 2021, the Issuer granted to Mr. Cochran a restricted stock grant of 1,500,000 shares of the Issuer's common stock, which shares were scheduled to vest in increments upon the Issuer's achievement of various market capitalization milestones. On November 1, 2022 the Board of Directors of the Issuer approved the termination of this grant. Since its issuance, none of the shares subject to this terminated grant vested.
F3 On November 1, 2022, pursuant to a Restricted Stock Unit Agreement by and between the Issuer and Mr. Cochran, the Issuer granted to Mr. Cochran 1,500,000 restricted stock units of the Issuer's shares of common stock to vest in four equal annual installments and which restricted stock units are subject to delayed settlement provisions.