Form 4 for KULR KULR Technology Group, Inc.
Accepted 2024-06-06 00:00:00 ET · period of report 2024-06-04 · accession 0001104659-24-069202 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-06-06 | 2024-06-04+ | KULR | Cochran Terry Keith | Pres, COO | S - Sale | $0.3043 | -378.0K | 349.8K | -52% | -$115.0K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-06-06 | S | D | 108,079 | $0.29 | 0 | D | — | — | (F4) On June 6, 2024, Mr. Cochran sold 108,079 shares of Issuer's common stock at an average price of $0.2909 per share. The sale price represents the weighted average sale price for multiple transactions reported. Upon request by the Commission, the Issuer or the Reporting Person shall provide full information regarding the number of shares purchased at each separate price. (F5) Represents beneficial ownership after giving effect to an additional decrease of 122,000 shares reflecting a division of the Vested Shares with the Reporting Person's former spouse pursuant to a divorce settlement agreement. |
| 2 | Common | Common Stock | 2024-06-05 | S | D | 119,754 | $0.31 | 230,079 | D | — | — | (F3) On June 5, 2024, Mr. Cochran sold 119,754 shares of Issuer's common stock at an average price of $0.31 per share. The sale of shares was partly to satisfy the remainder of the tax withholding and remittance obligations. The sale price represents the weighted average sale price for multiple transactions reported. Upon request by the Commission, the Issuer or the Reporting Person shall provide full information regarding the number of shares purchased at each separate price. |
| 3 | Common | Common Stock | 2024-06-04 | S | D | 150,167 | $0.31 | 349,833 | D | — | — | (F2) On June 4, 2024, Mr. Cochran sold 150,167 shares of Issuer's common stock at an average price of $0.3143 per share. The sale of shares was to satisfy income tax withholding and remittance obligations in connection with the net settlement of 500,000 Vested Shares. The sale price represents the weighted average sale price for multiple transactions reported. Upon request by the Commission, the Issuer or the Reporting Person shall provide full information regarding the number of shares purchased at each separate price. (F1) As previously reported, as compensation for his services as President and Chief Operating Officer of the Issuer, the Reporting Person was granted 2,000,000 Restricted Shares of the Issuer's Common Stock subject to four (4) equal yearly installments, with the first installment amount vesting on March 1, 2022, and annually thereafter. The third 500,000 share installment vested on March 1, 2024 ("Vested Shares"), which Vested Shares were delivered to the Reporting Person on June 3, 2024. |