0001683168-25-005265.txt : 20250721 0001683168-25-005265.hdr.sgml : 20250721 20250721214912 ACCESSION NUMBER: 0001683168-25-005265 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250717 FILED AS OF DATE: 20250721 DATE AS OF CHANGE: 20250721 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: READ IAN C CENTRAL INDEX KEY: 0001372915 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40867 FILM NUMBER: 251138507 MAIL ADDRESS: STREET 1: PFIZER INC ATTN CORPORATE SECRETARY STREET 2: 235 EAST 42ND STREET CITY: NEW YORK STATE: NY ZIP: 10017 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Volcon, Inc. CENTRAL INDEX KEY: 0001829794 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] ORGANIZATION NAME: 04 Manufacturing EIN: 844882689 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3121 EAGLES NEST, SUITE 120 CITY: ROUND ROCK STATE: TX ZIP: 78665 BUSINESS PHONE: 512-400-4271 MAIL ADDRESS: STREET 1: 3121 EAGLES NEST, SUITE 120 CITY: ROUND ROCK STATE: TX ZIP: 78665 4 1 ownership.xml X0508 4 2025-07-17 0 0001829794 Volcon, Inc. VLCN 0001372915 READ IAN C C/O VOLCON, INC. 3121 EAGLES NEST STREET, SUITE 120 ROUND ROCK TX 78665 1 0 0 0 0 Common Stock 2025-07-21 4 A 0 30000 10.00 A 30000 I See Footnote Stock options (right to buy) 10.00 2025-07-17 4 A 0 298802 A 2035-07-17 Common Stock 298802 298802 D 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. The shares of common stock were purchased by the Ian Charles Read Revocable Trust the ("Trust"). The Reporting Person is the trustee of the trust and may be deemed to have sole voting and dispositive power over the shares held by the Trust. The Reporting Person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. The stock options 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. /s/ Ian C. Read 2025-07-21