Michael Mo - 22 May 2024 Form 4 Insider Report for KULR Technology Group, Inc. (KULR)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
24 May 2024, 21:30:16 UTC
Prior SEC filing
26 Jan 2024
Next SEC filing
17 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael Mo

Key filing fact

Michael Mo filed Form 4 for KULR Technology Group, Inc. (KULR) on 24 May 2024.

Key facts

  • This page summarizes Michael Mo's Form 4 filing for KULR Technology Group, Inc. (KULR).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 24 May 2024, 21:30.

Change

  • Previous filing in this sequence was filed on 26 Jan 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

KULR transaction

Common Stock

Award

Transaction value
$0
Shares
+286,230
Change %
+1.4%
Price
$0.000000
Shares after
21,441,340
Date
22 May 2024
Ownership
Direct
Footnotes
F1, F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Effective May 23, 2024, the Compensation Committee of the Board of Directors of KULR Technology Group, Inc. (the "Company") approved a modification to the compensation arrangement for the reporting person, Michael Mo, the Chief Executive Officer ("CEO") of the Company. Pursuant to the modification, the CEO voluntarily agreed to a reduction in the cash component of his compensation by $112,344. In lieu of the reduced cash compensation, the CEO was issued restricted stock units of the Company for 286,230 shares of common stock. The shares will only vest after one year. The number of such restricted stock units was determined by dividing $112,344 by the closing price of the Company's common stock on May 22, 2024.

Footnote F2

The beneficial ownership set forth in Column 5 includes the shares underlying the restricted stock units, even though they are not expected to vest within 60 days of this Form 4.

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