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

Signature
/s/ William Walker
Issuer symbol
KULR
Transactions as of
16 Jan 2025
Transactions value $
$0
Form type
4
Filing time
17 Jan 2025, 16:53:17 UTC
Previous filing
14 Jul 2023
Next filing
26 Aug 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KULR Common Stock Award $0 +1,000,000 +200% $0 1,500,000 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 Dr. Walker in the amount of 1,000,000 shares of the Company's common stock. These shares vest in four equal annual installments, with the first annual vest to occur on January 17, 2026, subject to Dr. Walker's continued services to the Company. The beneficial ownership set forth in Column 5 includes the 1,000,000 shares underlying the grant described above and includes the 500,000 shares underlying the RSU grants previously issued to Dr. Walker, 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 Dr. Walker, even though they are not all expected to settle or vest within 60 days of this Form 4.