SEC Form 4 · accession 0001474506-19-000045
Arcimoto Inc · FUV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terry L Becker
Officer — Chief Operating Officer · Director
Period of report
Feb 22, 2019
Accepted (ET)
Feb 25, 2019 · 3:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001558583
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 22, 2019 | M | 170,000 | $0.9375 | A | 170,210 | D | |
| Common Stock | Feb 22, 2019 | M | 30,000 | $0.50 | A | 200,210 | D | |
| Common Stock | Feb 22, 2019 | F | 32,325 | $5.212 | D | 167,885 | D | |
| Common Stock | Feb 22, 2019 | F | 3,097 | $5.212 | D | 164,788 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant (Right to Buy) | $0.50 | Feb 22, 2019 | X | 30,000 | D | Sep 24, 2012 | Sep 24, 2022 | Common Stock | 30,000 | 0 | D |
| Warrant (Right to Buy) | $0.9375 | Feb 22, 2019 | X | 170,000 | D | May 23, 2013 | May 23, 2023 | Common Stock | 170,000 | 0 | D |
Explanation of responses
- F1On February 22, 2019, the reporting person exercised warrants to purchase (i) 30,000 shares of FUV common stock for $0.50 per share and (ii) 170,000 shares for $0.9375 per share. The reporting person paid the exercise price and the associated tax withholding of each of the warrants on a cashless basis, resulting in FUV's withholding of 35,422 of the warrant shares to pay the exercise price and the associated tax withholding and issuing to the reporting person the remaining 164,578 shares.
Remarks
By W. David Mannheim pursuant to power of attorney filed with the Commission on February 2, 2018.