Terry Keith Cochran - Jan 8, 2024 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: Jan 8, 2024
Transactions value $: -$63,321
Form type: 4
Date filed: 1/10/2024, 08:30 PM
Previous filing: Apr 3, 2023
Next filing: Jun 6, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KULR	Common Stock	Other	-$63.3K	-317K	-100%	$0.20	0	Jan 8, 2024	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The Reporting Person pledged the common stock to secure the Reporting Person's promissory note with a private lender. Pursuant to the loan agreements the lender foreclosed on the collateral because the aggregate value of the collateral decreased below a designated threshold. This transaction was initiated by the lender and not by the Reporting Person and does not represent open market sales by the Reporting Person. For purposes of this report the transfer price of the common stock was deemed equal to $0.20, which was the closing market price on January 8, 2024, the date of the foreclosure.

Content

The Reporting Person pledged the common stock to secure the Reporting Person's promissory note with a private lender. Pursuant to the loan agreements the lender foreclosed on the collateral because the aggregate value of the collateral decreased below a designated threshold. This transaction was initiated by the lender and not by the Reporting Person and does not represent open market sales by the Reporting Person. For purposes of this report the transfer price of the common stock was deemed equal to $0.20, which was the closing market price on January 8, 2024, the date of the foreclosure.