Gregory T. Schiffman - May 11, 2022 Form 4 Insider Report for AYRO, Inc. (AYRO)

Role: Director
Signature: /s/ Greg Schiffman
Stock symbol: AYRO
Transactions as of: May 11, 2022
Transactions value $: -$8,137
Form type: 4
Date filed: 11/3/2022, 08:26 PM
Previous filing: Dec 21, 2022
Next filing: Oct 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AYRO	Common Stock	Sale	-$5.71K	-7K	-5.12%	$0.82	130K	May 11, 2022	Direct	F1
transaction	AYRO	Common Stock	Sale	-$2.42K	-4.09K	-3.15%	$0.59	126K	Nov 1, 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.8101 to $0.8162, 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 (1) to this Form 4. Represents a broker-assisted sale of shares subject to a 10b5(1) trading plan adopted by the reporting person on June 11, 2021 to pay taxes upon the vesting of an award.
F2	Represents a broker-assisted sale of shares subject to a 10b5(1) trading plan adopted by the reporting person on August 22, 2022 to pay taxes upon the vesting of an award.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.8101 to $0.8162, 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 (1) to this Form 4. Represents a broker-assisted sale of shares subject to a 10b5(1) trading plan adopted by the reporting person on June 11, 2021 to pay taxes upon the vesting of an award.

Represents a broker-assisted sale of shares subject to a 10b5(1) trading plan adopted by the reporting person on August 22, 2022 to pay taxes upon the vesting of an award.