4//SEC Filing
Tjon Karin-Joyce 4
Accession 0001683168-25-005262
CIK 0001829794other
Filed
Jul 20, 8:00 PM ET
Accepted
Jul 21, 9:47 PM ET
Size
7.6 KB
Accession
0001683168-25-005262
Insider Transaction Report
Form 4
Volcon, Inc.VLCN
Tjon Karin-Joyce
Director
Transactions
- Award
Common Stock
2025-07-21$10.00/sh+20,000$200,000→ 20,000 total - Award
Stock options (right to buy)
2025-07-17+10,000→ 10,000 totalExercise: $10.00From: 2025-07-17Exp: 2035-07-17→ Common Stock (10,000 underlying)
Footnotes (2)
- [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.
Documents
Issuer
Volcon, Inc.
CIK 0001829794
Entity typeother
Related Parties
1- filerCIK 0001882368
Filing Metadata
- Form type
- 4
- Filed
- Jul 20, 8:00 PM ET
- Accepted
- Jul 21, 9:47 PM ET
- Size
- 7.6 KB