Rodney C. Keller Jr. - Jun 16, 2021 Form 4 Insider Report for AYRO, Inc. (AYRO)

Role
Chief Executive Officer, Director
Signature
/s/ Rodney C. Keller, Jr.
Stock symbol
AYRO
Transactions as of
Jun 16, 2021
Transactions value $
-$600,957
Form type
4
Date filed
6/21/2021, 04:30 PM
Previous filing
Jun 16, 2021
Next filing
Jun 22, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AYRO Common Stock Sale -$365K -70K -13.69% $5.22* 441K Jun 16, 2021 Direct F1, F2
transaction AYRO Common Stock Options Exercise $50.1K +20.5K +4.63% $2.45 462K Jun 17, 2021 Direct F4
transaction AYRO Common Stock Options Exercise $104K +42.5K +9.2% $2.45 504K Jun 17, 2021 Direct F5
transaction AYRO Common Stock Sale -$390K -70K -13.88% $5.57* 434K Jun 17, 2021 Direct F1, F3

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 AYRO Employee Stock Options (right to buy) Options Exercise $0 -20.5K -100% $0.00* 0 Jun 17, 2021 Common Stock 20.5K $2.45 Direct F6
transaction AYRO Employee Stock Options (right to buy) Options Exercise $0 -42.5K -15.57% $0.00 230K Jun 17, 2021 Common Stock 42.5K $2.45 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a broker-assisted sale of shares pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 14, 2021.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.09 to $5.30, inclusive. The reporting person undertakes to provide to AYRO, Inc., any security holder of AYRO, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.35 to $5.71, inclusive. The reporting person undertakes to provide to AYRO, Inc., any security holder of AYRO, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
F4 Represents an exercise of an option to purchase 20,451 shares. The price reported in Column 4 is the exercise price of the underlying options assigned upon grant.
F5 Represents an exercise of an option to purchase 42,466 shares. The price reported in Column 4 is the exercise price of the underlying options assigned upon grant.
F6 These options are fully vested and exercisable.