---
schema_version: "secwatch.filing_event.v1"
accession: "0001720088-22-000021"
form_type: "8-K"
ticker: "FULO"
cik: "0001092570"
company_name: "FULLNET COMMUNICATIONS INC"
filed_at: "2022-05-18T23:59:59+00:00"
generated_at: "2026-06-25T09:44:17.735055+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# FullNet sells 1.31M restricted shares on option exercise; raises $23,090

## Summary
- Issued 1,313,961 restricted common shares upon exercise of stock options by officers, directors, employees, and family members.
- Gross proceeds of $23,090; no commissions or other remuneration paid.
- Shares sold under Section 4(a)(2) of the Securities Act as an unregistered transaction.
- Outstanding shares increased to 18,460,082 immediately after the exercise.

## SEC filing metadata
- accession: 0001720088-22-000021
- form_type: 8-K
- ticker: FULO
- cik: 0001092570
- company_name: FULLNET COMMUNICATIONS INC
- filed_at: 2022-05-18T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1092570/000172008822000021/0001720088-22-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092570/000172008822000021/saleequitysecurities2022_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001720088-22-000021
- JSON: https://secwatch.observer/filing/0001720088-22-000021.json
- Plain text: https://secwatch.observer/filing/0001720088-22-000021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.