4//SEC Filing
Ingargiola Luisa 4
Accession 0001104659-24-038965
CIK 0001637736other
Filed
Mar 25, 8:00 PM ET
Accepted
Mar 26, 2:40 PM ET
Size
14.3 KB
Accession
0001104659-24-038965
Insider Transaction Report
Form 4
Ingargiola Luisa
Director
Transactions
- Disposition to Issuer
Common Stock
2024-03-26−332,138→ 0 total - Exercise/Conversion
Deferred Share Units
2024-03-26−270,853→ 0 total→ Common Stock (270,853 underlying) - Exercise/Conversion
Common Stock
2024-03-26+289,914→ 332,138 total - Exercise/Conversion
Deferred Share Units
2024-03-26−8,797→ 0 total→ Common Stock (8,797 underlying) - Exercise/Conversion
Deferred Share Units
2024-03-26−10,264→ 0 total→ Common Stock (10,264 underlying)
Footnotes (5)
- [F1]On March 26, 2024, Xos, Inc. ("Xos") acquired all of the issued and outstanding common shares (the "ElectraMeccanica Shares") of ElectraMeccanica Vehicles Corp. ("ElectraMeccanica") pursuant to a plan of arrangement (the "Plan of Arrangement") under the Business Corporations Act (British Columbia) (the "Arrangement"). Under the terms of the arrangement agreement, dated January 11, 2024, by and between ElectraMeccanica and Xos (as amended, the "Arrangement Agreement"), and the Plan of Arrangement, at the effective time of the Arrangement (the "Effective Time"), each ElectraMeccanica Share outstanding immediately prior to the Effective Time was transferred to Xos in exchange for 0.0143739 shares of Xos common stock.
- [F2]Each deferred share unit ("DSU") represented a contingent right to receive one ElectraMeccanica Share (or, at the election of the reporting person and subject to the approval of the Plan Administrator (as defined in the issuer's 2020 Stock Incentive Plan (the "Plan")), the cash value thereof) on the settlement date. Pursuant to the Arrangement Agreement, each DSU that was outstanding immediately prior to the Effective Time vested and was settled by ElectraMeccanica in exchange for one ElectraMeccanica Share.
- [F3]The DSUs vested over a period of one year from July 22, 2020.
- [F4]The DSUs vested over a period of one year from September 22, 2021.
- [F5]The DSUs vested in full upon grant.
Documents
Issuer
ELECTRAMECCANICA VEHICLES CORP.
CIK 0001637736
Entity typeother
Related Parties
1- filerCIK 0001447277
Filing Metadata
- Form type
- 4
- Filed
- Mar 25, 8:00 PM ET
- Accepted
- Mar 26, 2:40 PM ET
- Size
- 14.3 KB