Sec Form 4 Filing - Cochran Terry Keith @ KULR Technology Group, Inc. - 2022-10-28

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Cochran Terry Keith
2. Issuer Name and Ticker or Trading Symbol
KULR Technology Group, Inc. [ KULR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President and COO
(Last) (First) (Middle)
C/O KULR TECHNOLOGY GROUP, INC., 4863 SHAWLINE STREET
3. Date of Earliest Transaction (MM/DD/YY)
10/28/2022
(Street)
SAN DIEGO, CA92111
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/28/2022 D( 1 ) 1,601( 1 ) A $ 2.2006 273,495( 1 ) D
Common Stock 11/01/2022 D( 2 ) 1,500,000( 2 ) D $ 0 273,495( 2 ) D
Common Stock 11/01/2022 A( 3 ) 1,500,000( 3 ) A $ 0 273,495( 3 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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 Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Cochran Terry Keith
C/O KULR TECHNOLOGY GROUP, INC.
4863 SHAWLINE STREET
SAN DIEGO, CA92111
President and COO
Signatures
/s/ Terry Keith Cochran 11/01/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )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.
( 3 )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.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).

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