Cochran Terry Keith 4
4 · KULR Technology Group, Inc. · Filed Jan 10, 2024
Insider Transaction Report
Form 4
Cochran Terry Keith
President and COO
Transactions
- Other
Common Stock
2024-01-08$0.20/sh−316,607$63,321→ 0 total
Footnotes (1)
- [F1]The Reporting Person pledged the common stock to secure the Reporting Person's promissory note with a private lender. Pursuant to the loan agreements the lender foreclosed on the collateral because the aggregate value of the collateral decreased below a designated threshold. This transaction was initiated by the lender and not by the Reporting Person and does not represent open market sales by the Reporting Person. For purposes of this report the transfer price of the common stock was deemed equal to $0.20, which was the closing market price on January 8, 2024, the date of the foreclosure.