Key facts
- This page summarizes Stephen Eric Johnston's Form 4 filing for ELECTRAMECCANICA VEHICLES CORP..
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 26 Mar 2024, 14:35.
Stephen Eric Johnston - 26 Mar 2024 Form 4 Insider Report for ELECTRAMECCANICA VEHICLES CORP.
- Reporting relationship
- Chief Financial Officer
- Issuer ticker
- N/A
- Reported as of
- 26 Mar 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 26 Mar 2024, 14:35:07 UTC
- Prior SEC filing
- 05 Jan 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Michael Bridge, as attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Stephen Eric Johnston filed Form 4 for ELECTRAMECCANICA VEHICLES CORP. on 26 Mar 2024.
Change
- Previous filing in this sequence was filed on 05 Jan 2024.
- Current net transaction value: $0.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
SOLO
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +300,000
- Change %
- Price
- Shares after
- 300,000
- Date
- 26 Mar 2024
- Ownership
- Direct
- Footnotes
- F2
SOLO
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -300,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 26 Mar 2024
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
SOLO
transaction
Derivative
Restricted Share Units
Options Exercise
- Transaction value
- $0
- Shares
- -300,000
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 26 Mar 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 300,000
- Exercise price
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Stephen Eric Johnston is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
On March 26, 2024, Xos, Inc. ("Xos") acquired all of the issued and outstanding common shares (the "ElectraMeccanica Shares") of ElectraMeccanica Vehicles Corp. ("ElectraMeccanica") pursuant to a plan of arrangement (the "Plan of Arrangement") under the Business Corporations Act (British Columbia) (the "Arrangement"). Under the terms of the arrangement agreement, dated January 11, 2024, by and between ElectraMeccanica and Xos (as amended, the "Arrangement Agreement"), and the Plan of Arrangement, at the effective time of the Arrangement (the "Effective Time"), each ElectraMeccanica Share outstanding immediately prior to the Effective Time was transferred to Xos in exchange for 0.0143739 shares of Xos common stock.
Footnote F2
Each restricted share unit ("RSU") represented a contingent right to receive one ElectraMeccanica Share upon vesting. Pursuant to the Arrangement Agreement, each RSU that was outstanding immediately prior to the Effective Time vested and was settled by ElectraMeccanica in exchange for one ElectraMeccanica Share.
Footnote F3
On December 7, 2023, the reporting person was granted a total of 300,000 RSUs, which were to vest in three equal annual installments from the grant date.