Luisa Ingargiola - 26 Mar 2024 Form 4 Insider Report for ELECTRAMECCANICA VEHICLES CORP.

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
26 Mar 2024, 14:40:22 UTC
Prior SEC filing
18 Mar 2024
Next SEC filing
08 Jul 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael Bridge, as attorney-in-fact

Key filing fact

Luisa Ingargiola filed Form 4 for ELECTRAMECCANICA VEHICLES CORP. on 26 Mar 2024.

Key facts

  • This page summarizes Luisa Ingargiola's Form 4 filing for ELECTRAMECCANICA VEHICLES CORP..
  • 5 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 26 Mar 2024, 14:40.

Change

  • Previous filing in this sequence was filed on 18 Mar 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

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.

SOLO transaction

Common Stock

Options Exercise

Transaction value
Shares
+289,914
Change %
+687%
Price
Shares after
332,138
Date
26 Mar 2024
Ownership
Direct
Footnotes
F2
SOLO transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-332,138
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

Deferred Share Units

Options Exercise

Transaction value
$0
Shares
-8,797
Change %
-100%
Price
$0.000000*
Shares after
0
Date
26 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
8,797
Exercise price
Footnotes
F2, F3
SOLO transaction Derivative

Deferred Share Units

Options Exercise

Transaction value
$0
Shares
-10,264
Change %
-100%
Price
$0.000000*
Shares after
0
Date
26 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
10,264
Exercise price
Footnotes
F2, F4
SOLO transaction Derivative

Deferred Share Units

Options Exercise

Transaction value
$0
Shares
-270,853
Change %
-100%
Price
$0.000000*
Shares after
0
Date
26 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
270,853
Exercise price
Footnotes
F2, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Luisa Ingargiola is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 5 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 deferred share unit ("DSU") represented a contingent right to receive one ElectraMeccanica Share (or, at the election of the reporting person and subject to the approval of the Plan Administrator (as defined in the issuer's 2020 Stock Incentive Plan (the "Plan")), the cash value thereof) on the settlement date. Pursuant to the Arrangement Agreement, each DSU that was outstanding immediately prior to the Effective Time vested and was settled by ElectraMeccanica in exchange for one ElectraMeccanica Share.

Footnote F3

The DSUs vested over a period of one year from July 22, 2020.

Footnote F4

The DSUs vested over a period of one year from September 22, 2021.

Footnote F5

The DSUs vested in full upon grant.

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