0001104659-23-041052.txt : 20230403 0001104659-23-041052.hdr.sgml : 20230403 20230403185527 ACCESSION NUMBER: 0001104659-23-041052 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230331 FILED AS OF DATE: 20230403 DATE AS OF CHANGE: 20230403 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cochran Terry Keith CENTRAL INDEX KEY: 0001850282 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40454 FILM NUMBER: 23794451 MAIL ADDRESS: STREET 1: 1999 S BASCOM AVE STREET 2: SUITE 700 CITY: CAMPBELL STATE: CA ZIP: 95008 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: KULR Technology Group, Inc. CENTRAL INDEX KEY: 0001662684 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 811004273 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4863 SHAWLINE STREET CITY: SAN DIEGO STATE: CA ZIP: 92111 BUSINESS PHONE: 408-663-5247 MAIL ADDRESS: STREET 1: 4863 SHAWLINE STREET CITY: SAN DIEGO STATE: CA ZIP: 92111 FORMER COMPANY: FORMER CONFORMED NAME: KT High-Tech Marketing Inc. DATE OF NAME CHANGE: 20160420 FORMER COMPANY: FORMER CONFORMED NAME: Grant Hill Acquisition Corp DATE OF NAME CHANGE: 20151231 4 1 tm2311380-3_4seq1.xml OWNERSHIP DOCUMENT X0407 4 2023-03-31 0 0001662684 KULR Technology Group, Inc. KULR 0001850282 Cochran Terry Keith C/O KULR TECHNOLOGY GROUP, INC. 4863 SHAWLINE STREET SAN DIEGO CA 92111 0 1 0 0 President and COO 0 Common Stock 2023-03-31 2023-03-01 4 F 0 175000 1.31 D 316607 D As previously reported, as compensation for his services as President and Chief Operating Officer of the Issuer, the Reporting Person was granted 2,000,000 Restricted Shares of the Issuer's Common Stock subject to four (4) equal yearly installments, with the first installment amount vesting on March 1, 2022 and annually thereafter. The second 500,000 share installment vested on March 1, 2023 ("Vested Shares"). On March 31, 2023, and effective as of March 1, 2023, the Issuer withheld and cancelled 175,000 shares of Common Stock to satisfy income tax withholding and remittance obligations in connection with the net settlement of 325,000 Restricted Shares. The withholding and cancellation of the 175,000 shares does not represent a sale. Does not represent a sale. Represents the closing price per share of the Issuer's Common Stock on the trading day prior to the March 1, 2023 effective date of the share cancellation to satisfy income tax withholding and remittance obligations. Represents (i) 155,947 shares after giving effect to a decrease of 117,548 shares from the total 273,495 shares previously reported on the Reporting Person's prior Form 4 following a division of property with the Reporting Person's former spouse pursuant to a pre-divorce agreement; (ii) a decrease of 1,840 shares from the total 273,495 shares previously reported on the Reporting Person's prior Form 4 following a sale that was triggered by a good til cancel order placed on shares the Reporting Person purchased prior to becoming employed by the Issuer; and (iii) an increase of 162,500 shares after giving effect to (x) the withholding of 175,000 shares from the Vested Shares to satisfy income tax withholding and remittance obligations; and (y) a decrease of 162,500 shares after giving effect to a division of the Vested Shares with the Reporting Person's former spouse pursuant to a pre-divorce agreement. /s/ Terry Keith Cochran 2023-04-03