4//SEC Filing
Mo Michael 4
Accession 0001104659-25-004533
CIK 0001662684other
Filed
Jan 16, 7:00 PM ET
Accepted
Jan 17, 4:54 PM ET
Size
8.4 KB
Accession
0001104659-25-004533
Insider Transaction Report
Form 4
Mo Michael
DirectorCEO & Chairman of the Board10% Owner
Transactions
- Other
Series A Preferred Stock
2025-01-16+270,000→ 1,000,000 total - Award
Common Stock
2025-01-16+2,000,000→ 24,941,340 total
Footnotes (3)
- [F1]Effective January 16, 2025, the Board of Directors ("Board") of KULR Technology Group, Inc. (the "Company"), at the recommendation of the Compensation Committee of the Board approved a restrict stock unit grant ("RSU") to Mr. Mo in the amount of 2,000,000 shares of the Company's common stock. The 2,000,000 shares are subject to vesting in four (4) equal annual installments with the first installment vesting on January 17, 2026. The beneficial ownership set forth in Column 5 includes the 2,000,000 shares underlying the grant described above and includes 22,941,340 shares of common stock, which consists of: (i) 19,755,110 shares held directly by Mr. Mo; (ii) 1,400,000 shares held jointly by Mr. Mo and his spouse; and (iii) RSU awards for an aggregate of 1,786,230 shares of the Company's common stock even though such RSUs are not all expected to settle within 60 days of this Form 4.
- [F2]The beneficial ownership set forth in Column 5 includes the shares underlying all RSUs held by Mr. Mo, even though they are not all expected to settle or vest within 60 days of this Form 4.
- [F3]The Company issued 270,000 shares of Non-Convertible Series A Voting Preferred Stock to the Chairman and Chief Executive Officer, Michael Mo, in accordance with a resolution passed by the Company's Board of Directors and the prior approval of the majority stockholders of the Company. This issuance is part of a strategic initiative to reinforce and enhance the Company's flexibility to optimize its negotiating position in any potential current and/or future engagements with commercial, financial, and/or strategic parties, and to provide defenses against potential hostile third-party actions.
Documents
Issuer
KULR Technology Group, Inc.
CIK 0001662684
Entity typeother
Related Parties
1- filerCIK 0001680640
Filing Metadata
- Form type
- 4
- Filed
- Jan 16, 7:00 PM ET
- Accepted
- Jan 17, 4:54 PM ET
- Size
- 8.4 KB