Serge de Bock - 09 Sep 2022 Form 4 Insider Report for HyreCar Inc.

Reporting relationship: CFO
Issuer ticker: N/A
Reported as of: 09 Sep 2022
Net transaction value: -$33,669
SEC form: 4
Accepted by SEC: 13 Sep 2022, 20:18:13 UTC
Prior SEC filing: 14 Jul 2021
Source filing: View source filing
Reporting owner signature: /s/ Serge De Bock

Key filing fact

Serge de Bock filed Form 4 for HyreCar Inc. on 13 Sep 2022.

Key facts

This page summarizes Serge de Bock's Form 4 filing for HyreCar Inc..
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 13 Sep 2022, 20:18.

Change

Previous filing in this sequence was filed on 14 Jul 2021.
Current net transaction value: -$33,669.

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.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HYREQ transaction

Common Stock

Award

Transaction value: $0
Shares: +87,229
Change %: +87%
Price: $0.000000
Shares after: 187,229
Date: 09 Sep 2022
Ownership: Direct
Footnotes: F1, F2

HYREQ transaction

Common Stock

Sale

Transaction value: $33,669
Shares: -29,025
Change %: -16%
Price: $1.16^*
Shares after: 158,204
Date: 13 Sep 2022
Ownership: Direct
Footnotes: F3, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

27,229 are represented by restricted stock units, which upon vesting of the unit, represent the right to receive one share of the issuer's common stock. 25% of the 27,229 restricted stock units will vest on the 1-year anniversary of January 1, 2022 with remainder to vest quarterly thereafter over the next three (3) years.

Footnote F2

In addition to the restricted stock units discussed in Footnote 1 above, 75,000 of the 187,229 shares of common stock are represented by restricted stock units, which upon vesting of the unit, represent the right to receive one share of the issuer's common stock. Of these 75,000 restricted stock units, 6,250 units will vest on each of the following dates: October 5, 2022, January 5, 2023, April 5, 2023, July 5, 2023, October 5, 2023, January 5, 2024, April 5, 2024, July 5, 2024, October 5, 2024, January 5, 2025, April 5, 2025, July 5, 2025.

Footnote F3

The proceeds of these sales will be used primarily to cover the reporting person's tax liability arising from restricted stock unit vesting.

Footnote F4

This transaction was executed in multiple trades at prices ranging from $1.15 to $1.19. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.