Shawn Canter - 16 Jan 2025 Form 4 Insider Report for KULR Technology Group, Inc. (KULR)

Role: Chief Financial Officer
Signature: /s/ Shawn Canter
Issuer symbol: KULR
Transactions as of: 16 Jan 2025
Net transactions value: $0
Form type: 4
Filing time: 17 Jan 2025, 16:52:16 UTC
Previous filing: 03 Apr 2023
Next filing: 02 Apr 2025
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	+1,500,000	+100%	$0.000000	3,000,000	16 Jan 2025	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Effective January 16, 2025, the Board of Directors ("Board") of KULR Technology Group, Inc. (the "Company"), at the recommendation of the Compensation Committee of the Board, approved a restrict stock unit grant ("RSU") to Mr. Canter in the amount of 1,500,000 shares of the Company's common stock. The 1,500,000 shares are subject to vesting in four (4) equal annual installments with the first installment vesting on January 17, 2026. The beneficial ownership set forth in Column 5 includes the 1,500,000 shares underlying the grant described above and includes 1,500,000 shares of common stock underlying the RSU grants previously issued to Mr. Canter, even though they are not all expected to settle or vest within 60 days of this Form 4.
F2	The beneficial ownership set forth in Column 5 includes the shares underlying all RSUs held by Mr. Canter, even though they are not all expected to settle or vest within 60 days of this Form 4.

Content

Effective January 16, 2025, the Board of Directors ("Board") of KULR Technology Group, Inc. (the "Company"), at the recommendation of the Compensation Committee of the Board, approved a restrict stock unit grant ("RSU") to Mr. Canter in the amount of 1,500,000 shares of the Company's common stock. The 1,500,000 shares are subject to vesting in four (4) equal annual installments with the first installment vesting on January 17, 2026. The beneficial ownership set forth in Column 5 includes the 1,500,000 shares underlying the grant described above and includes 1,500,000 shares of common stock underlying the RSU grants previously issued to Mr. Canter, even though they are not all expected to settle or vest within 60 days of this Form 4.

The beneficial ownership set forth in Column 5 includes the shares underlying all RSUs held by Mr. Canter, even though they are not all expected to settle or vest within 60 days of this Form 4.