KULR Technology Group, Inc. — Director's Dealing 2022

Nov 1, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KULR Technology Group, Inc. (KULR)
CIK: 0001662684
Period of Report: 2022-10-28

Reporting Person: Cochran Terry Keith (President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-10-28	Common Stock	D	1601	$2.2006	Acquired	273495	Direct
2022-11-01	Common Stock	D	1500000	—	Disposed	273495	Direct
2022-11-01	Common Stock	A	1500000	—	Acquired	273495	Direct

Footnotes

F1: On October 28, 2022, Terry Keith Cochran, pursuant to a Rule 10b5-1 trading plan, sold an aggregate of 1,601 shares of common stock in open market transactions at a price per share equal to $2.2006, reducing Mr. Cochran's amount of shares beneficially owned to 273,495 shares. The price per share equal to $2.2006 represents the weighted average sales price for the shares. Upon request by the Commission, the Issuer or the Reporting Person shall provide full information regarding the number of shares sold at each separate price.

F2: On June 10, 2021, the Issuer granted to Mr. Cochran a restricted stock grant of 1,500,000 shares of the Issuer's common stock, which shares were scheduled to vest in increments upon the Issuer's achievement of various market capitalization milestones. On November 1, 2022 the Board of Directors of the Issuer approved the termination of this grant. Since its issuance, none of the shares subject to this terminated grant vested.

F3: On November 1, 2022, pursuant to a Restricted Stock Unit Agreement by and between the Issuer and Mr. Cochran, the Issuer granted to Mr. Cochran 1,500,000 restricted stock units of the Issuer's shares of common stock to vest in four equal annual installments and which restricted stock units are subject to delayed settlement provisions.