Melissa Coffey - 21 Dec 2022 Form 4 Insider Report for Volcon, Inc. (VLCN)

Signature
/s/ Melissa Coffey
Issuer symbol
VLCN
Transactions as of
21 Dec 2022
Net transactions value
$0
Form type
4
Filing time
22 Dec 2022, 15:19:53 UTC
Previous filing
22 Dec 2022
Next filing
22 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLCN Common Stock Options Exercise +25,000 +58% 68,240 21 Dec 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VLCN Restricted Stock Units Options Exercise -25,000 -50% 25,000 21 Dec 2022 Common Stock 25,000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Issued upon conversion of restricted stock units that convert into common stock on a one-for-one basis.
F2 On December 21, 2020, the reporting person was granted 75,000 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.