01/17/2025 | Press release | Distributed by Public on 01/17/2025 15:55
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Carpenter Michael Gerald C/O KULR TECHNOLOGY GROUP, INC., 555 FORGE RIVER ROAD, SUITE 100 WEBSTER, TX 77598 |
Vice President of Engineering |
/s/ Michael Carpenter | 01/17/2025 |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Effective January 16, 2025, the Board of Directors ("Board") of KULR Technology Group, Inc. (the "Company"), at the recommendation of the Compensation Committee, approved a restrict stock unit grant ("RSU") to Mr. Carpenter in the amount of 200,000 shares of the Company's common stock. The 200,000 shares underlying the aforementioned RSU grant will vest on June 30, 2025, subject to Mr. Carpenter's continued services to the Company. The beneficial ownership set forth in Column 5 includes the 200,000 shares underlying the grant described above and includes 500,000 shares of common stock held directly by Mr. Carpenter. |
(2) | The beneficial ownership set forth in Column 5 the shares underlying the RSUs held by Mr. Carpenter, even though it is not expected to settle or vest within 60 days of this Form 4. |