Karin-Joyce Tjon - Jul 17, 2025 Form 4 Insider Report for Volcon, Inc. (VLCN)

Role
Director
Signature
/s/ Karin-Joyce Tjon
Stock symbol
VLCN
Transactions as of
Jul 17, 2025
Transactions value $
$200,000
Form type
4
Date filed
7/21/2025, 09:47 PM
Previous filing
Dec 18, 2024
Next filing
Aug 27, 2025

Reporting Owners (1)

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

Transactions Table

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

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 options (right to buy) Award +10K 10K Jul 17, 2025 Common Stock 10K $10.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.