4//SEC Filing
Frohnmayer Mark 4
Accession 0001474506-20-000199
CIK 0001558583other
Filed
Jun 29, 8:00 PM ET
Accepted
Jun 30, 9:31 PM ET
Size
7.6 KB
Accession
0001474506-20-000199
Insider Transaction Report
Form 4
Arcimoto IncFUV
Frohnmayer Mark
DirectorPresident & CEO10% Owner
Transactions
- Conversion
Common Stock
2020-06-26$4.25/sh+78,531$333,757→ 7,212,192 total - Conversion
Convertible Promissory Notes
2020-06-26$4.25/sh−78,531$333,757→ 0 totalExercise: $4.25→ Common Stock (78,531 underlying)
Footnotes (2)
- [F1]On August 14, 22 and September 18, 2019, the Issuer issued certain convertible promissory notes in the aggregate principal amount of $303,055.73. On June 26, 2020, the convertible promissory notes were converted into 78,531 shares of the Company's common stock, which number of shares represents the aggregate principal amount plus aggregate accrued interest ($30,699.72) due on the convertible promissory notes divided by the conversion price.
- [F2]An aggregate principal amount of $303,055.73 of convertible promissory notes was due and payable between August 14, 2020 and September 18, 2020 in (a) cash or (b) Issuer's common stock at a price of $4.25 per share, at the election of the holder of the convertible promissory notes. Interest on the convertible promissory notes accrued at an annual rate of 10% compounded monthly.
Documents
Issuer
Arcimoto Inc
CIK 0001558583
Entity typeother
Related Parties
1- filerCIK 0001726982
Filing Metadata
- Form type
- 4
- Filed
- Jun 29, 8:00 PM ET
- Accepted
- Jun 30, 9:31 PM ET
- Size
- 7.6 KB