Greg Endo - 13 Feb 2023 Form 4 Insider Report for Volcon, Inc. (VLCN)

Role
Chief Financial Officer
Signature
/s/ Greg Endo
Issuer symbol
VLCN
Transactions as of
13 Feb 2023
Transactions value $
$25,000
Form type
4
Filing time
15 Feb 2023, 06:39:30 UTC
Previous filing
08 Feb 2023
Next filing
14 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLCN Common Stock Options Exercise $25K +25K +291.95% $1.00 33.6K 13 Feb 2023 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 Stock Option (right to buy) Options Exercise $0 -25K -8% $0.00 288K 13 Feb 2023 Common Stock 25K $1.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Common Stock was received by the Reporting Person through the exercise of vested stock options pursuant to the Volcon, Inc. 2021 Stock Plan.
F2 Stock options to purchase a total of 312,500 shares of Common Stock were granted to the Reporting Person and vest in three equal installments on each of the succeeding three anniversary dates of the issuance date, which was June 7, 2021, subject to the grantee's continued service as the Company's Chief Financial Officer on each vesting date.