Joshua S. Scherer - Jan 25, 2023 Form 4/A - Amendment Insider Report for Arcimoto Inc (FUV)

Role
Director
Signature
Joshua S. Scherer, by Nelson Mullins Riley & Scarborough with Power of Attorney
Stock symbol
FUV
Transactions as of
Jan 25, 2023
Transactions value $
$0
Form type
4/A - Amendment
Date filed
1/31/2023, 10:53 AM
Date Of Original Report
Jan 26, 2023
Previous filing
Oct 4, 2022
Next filing
Apr 4, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FUV Restricted Stock Unit Award $0 +8.77K +304.62% $0.00 11.6K Jan 25, 2023 Common Stock 8.77K $0.00 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
F2 The restricted stock units are fully vested. The restricted stock units will be distributed in a lump sum payment in the form of common stock, on the 90th business day following the date of the reporting person's termination of service.
F3 This Form 4/A is being filed to amend the Form 4 filed on January 26, 2023 (the "Original Report"), to correct an inadvertent administrative error in the number of securities reported as beneficially owned following the reported transaction on the Original Report. On November 30, 2022 the issuer split its common stock in a one-for-20 reverse stock split (the "Reverse Split"). The number of securities reported on this Form 4/A have been adjusted to reflect the Reverse Split.