Form 4 for KULR KULR Technology Group, Inc.

Accepted 2022-11-01 00:00:00 ET · period of report 2022-11-01 · accession 0001104659-22-113595 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2022-11-01	2022-11-01	KULR	Mo Michael	CEO, COB, Dir	A - Grant	$0.00	+1.50M	0	New	$0
D	2022-11-01	2022-11-01	KULR	Mo Michael	CEO, COB, Dir	D - Sale to Iss	—	-1.50M	0	-100%	—

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-11-01	A	A	1,500,000	$0.00	0	D	—	—	(F1) On November 1, 2022, pursuant to a Restricted Stock Unit Agreement by and between the Issuer and Mr. Mo, the Issuer granted to Mr. Mo 1,500,000 restricted stock units of the Issuer's shares of common stock to vest in four equal annual installments and which restricted stock units are subject to delayed settlement provisions.
2	Derivative	Non-Qualified Stock Option	2022-11-01	D	D	1,500,000	—	0	D	$2.60 · — to —	1,500,000 Common Stock	(F2) On June 10, 2021, pursuant to a Non-Qualified Stock Option Agreement by and between the Issuer and Mr. Mo, the Issuer granted Mr. Mo a five year, non-qualified stock option grant to purchase up to 1,500,000 shares of the Company's common stock at a purchase price equal to $2.60 per share, which were scheduled to vest in increments upon the Issuer's achievement of various market capitalization milestones. On November 1, 2022 the Board of Directors of the Issuer approved the termination of the non-qualified stock option. Since its issuance, none of the shares subject to this terminated option vested.