George Devlin - 30 Jan 2023 Form 4 Insider Report for AYRO, Inc. (AYRO)

Transaction date: 30 Jan 2023
Net transaction value: -$2,913
Issuer symbol: AYRO
Form type: 4
Filing time: 03 Feb 2023, 17:30:47 UTC
Previous filing: 03 Feb 2022
Next filing: 05 May 2023
SEC filing: View on sec.gov
Role: Director
Signature: /s/ George Devlin

Key filing fact

George Devlin filed Form 4 for AYRO, Inc. (AYRO) on 03 Feb 2023.

Key facts

This page summarizes George Devlin's Form 4 filing for AYRO, Inc. (AYRO).
2 reported transactions and 0 derivative rows are listed below.
Filing timestamp: 03 Feb 2023, 17:30.

Change

Previous filing in this sequence was filed on 03 Feb 2022.
Current net transaction value: -$2,913.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported transactions

AYRO transaction

Common Stock

Sale

Transaction value: $2,913
Shares: -4,094
Change %: -3.4%
Price: $0.7116
Shares after: 117,542
Date: 30 Jan 2023
Ownership: Direct
Footnotes: F1

AYRO transaction

Common Stock

Award

Transaction value: $0
Shares: +112,667
Change %: +96%
Price: $0.000000
Shares after: 230,209
Date: 01 Feb 2023
Ownership: Direct
Footnotes: F2

^* indicates a reported price that failed the local validity check.

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 $0.7000 to $0.7446, 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 August 22, 2022 to pay taxes upon the vesting of an award.
F2	Shares will vest in four equal installments on each quarterly anniversary of the Grant Date, provided that Mr. Devlin is employed by or providing services to the Company through the applicable vesting date and subject to the terms and conditions of the AYRO, Inc. Long-Term Incentive Plan.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.7000 to $0.7446, 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 August 22, 2022 to pay taxes upon the vesting of an award.

Shares will vest in four equal installments on each quarterly anniversary of the Grant Date, provided that Mr. Devlin is employed by or providing services to the Company through the applicable vesting date and subject to the terms and conditions of the AYRO, Inc. Long-Term Incentive Plan.