Joanna Massey - Apr 12, 2024 Form 4 Insider Report for KULR Technology Group, Inc. (KULR)

Role
Director
Signature
/s/ Joanna D. Massey
Stock symbol
KULR
Transactions as of
Apr 12, 2024
Transactions value $
$0
Form type
4
Date filed
4/12/2024, 05:20 PM
Previous filing
Nov 1, 2022
Next filing
Nov 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KULR Common Stock Award $0 +15K +22.22% $0.00 82.5K Apr 12, 2024 Direct F1
transaction KULR Common Stock Award $0 +140K +169.7% $0.00 223K Apr 12, 2024 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 12, 2024, KULR Technology Group, Inc. (the "Company") approved the issuance, effective April 15, 2024, to Dr. Joanna Massey, as board compensation, 15,000 shares of the Company's common stock, being shares of common stock awarded as equity incentive compensation for her year to date services, through March 31, 2024, as the Company's non-executive director.
F2 On April 12, 2024, the Company issued Dr. Massey, as board compensation, restricted stock units of common stock of the Company, effective April 15, 2024. These shares vest in four equal quarterly installments, of which 35,000 shares will vest on June 30, 2024, and 35,000 shares will vest quarterly thereafter. The vesting of shares is subject to Dr. Massey's continued services with the Company.
F3 Reflects (i) 20,000 restricted shares of the Company'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) 10,000 shares of common stock previously acquired, (iii) 37,500 shares underlying an equity incentive grant issued, on November 1, 2022, as Board compensation, which shares previously vested; (iv) 15,000 shares of the Company's common stock, being reported on this Form 4; and (v) 140,000 shares underlying an equity incentive grant issued, effective April 15, 2024, as Board compensation, of which 35,000 shares will vest on June 30, 2024, and the remainder of the shares will vest quarterly thereafter.