Name | Relationship | Address | Signature | Signature date | CIK |
---|---|---|---|---|---|
Tjon Karin-Joyce | Director | C/O VOLCON, INC., 3121 EAGLES NEST, SUITE 120, ROUND ROCK | /s/ Karin-Joyce Tjon | 2025-07-21 | 0001882368 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VLCN | Common Stock | Award | $200K | +20K | $10.00 | 20K | Jul 21, 2025 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VLCN | Stock options (right to buy) | Award | +10K | 10K | Jul 17, 2025 | Common Stock | 10K | $10.00 | Direct | F2 |
Id | Content |
---|---|
F1 | The shares of common stock were purchased by the Reporting Person in the Issuer's recently announced private placement with certain accredited and institutional investors, which closed on July 21, 2025. |
F2 | The stock options were issued by the Issuer in connection with the Reporting Person's service as a director of the Issuer and vest based upon the daily volume weighted average price ("VWAP") of the Issuer's common stock, vesting as to 20% of the underlying shares of common stock upon the VWAP reaching $10 and then in incremental 20% installments until becoming fully vested upon a VWAP of $30. All vesting is subject to the approval by the Issuer's stockholder of a new stock option plan. |