0001493152-20-010326.txt : 20200601
0001493152-20-010326.hdr.sgml : 20200601
20200601201619
ACCESSION NUMBER: 0001493152-20-010326
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200528
FILED AS OF DATE: 20200601
DATE AS OF CHANGE: 20200601
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Keller Rodney C. Jr.
CENTRAL INDEX KEY: 0001813326
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34643
FILM NUMBER: 20935359
MAIL ADDRESS:
STREET 1: 900 E. OLD SETTLERS BLVD.
STREET 2: SUITE 100
CITY: ROUND ROCK
STATE: TX
ZIP: 78664
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: AYRO, Inc.
CENTRAL INDEX KEY: 0001086745
STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899]
IRS NUMBER: 980204758
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 900 E. OLD SETTLERS BOULEVARD, SUITE 100
CITY: ROUND ROCK
STATE: TX
ZIP: 78664
BUSINESS PHONE: 512-994-4917
MAIL ADDRESS:
STREET 1: 900 E. OLD SETTLERS BOULEVARD, SUITE 100
CITY: ROUND ROCK
STATE: TX
ZIP: 78664
FORMER COMPANY:
FORMER CONFORMED NAME: DropCar, Inc.
DATE OF NAME CHANGE: 20180201
FORMER COMPANY:
FORMER CONFORMED NAME: WPCS INTERNATIONAL INC
DATE OF NAME CHANGE: 20020612
FORMER COMPANY:
FORMER CONFORMED NAME: PHOENIX STAR VENTURES INC
DATE OF NAME CHANGE: 20010424
4
1
ownership.xml
X0306
4
2020-05-28
0
0001086745
AYRO, Inc.
AYRO
0001813326
Keller Rodney C. Jr.
900 E. OLD SETTLERS BOULEVARD, SUITE 100
ROUND ROCK
TX
78664
1
1
0
0
Chief Executive Officer
Stock Option (Right to Buy)
2.45
2020-05-28
4
A
0
272680
A
2027-11-13
Common Stock
272680
272680
D
Stock Option (Right to Buy)
2.45
2020-05-28
4
A
0
20450
A
2027-11-13
Common Stock
20450
20450
D
Stock Option (Right to Buy)
2.45
2020-05-28
4
A
0
10906
A
2027-12-01
Common Stock
10906
10906
D
Stock Option (Right to Buy)
2.45
2020-05-28
4
A
0
20450
A
2028-11-13
Common Stock
20450
20450
D
Stock Option (Right to Buy)
3.50
2020-05-28
4
A
0
95438
A
2029-03-31
Common Stock
95438
95438
D
Stock Option (Right to Buy)
4.05
2020-05-28
4
A
0
20450
A
2029-10-14
Common Stock
20450
20450
D
On May 28, 2020, the reporting person received these options to acquire shares of the Issuer's Common Stock upon the conversion pursuant to its terms of a stock option to acquire 1,000,000 shares of common stock of a private company formerly known as "ARYO, Inc." (the "Former Entity") at an exercise price of $0.67 per share in connection with the merger of the Former Entity with and into a wholly owned subsidiary of the Issuer (the "Merger").
Reflects an option grant that was made to the reporting person on 11/13/2017. The shares underlying this stock option vest according to the following schedule: one-sixth of the shares underlying the stock option will vest and become exercisable in six equal semi-annual installments on each six-month anniversary of the date of grant.
On May 28, 2020, the Issuer effected a 1-for-10 reverse stock split of its common stock (the "Reverse Stock Split") in connection with the Merger and immediately thereafter effected a 1-for-1 stock dividend (the "Stock Dividend"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split and Stock Dividend on a post-split and post-stock dividend basis.
Received in connection with the Merger upon the conversion pursuant to its terms of a stock option to acquire 75,000 shares of common stock of the Former Entity at an exercise price of $0.67 per share.
These options are fully vested and exercisable.
Received in connection with the Merger upon the conversion pursuant to its terms of a stock option to acquire 40,000 shares of common stock of the Former Entity at an exercise price of $0.67 per share.
Received in connection with the Merger upon the conversion pursuant to its terms of a stock option to acquire 350,000 shares of common stock of the Former Entity at an exercise price of $0.95 per share.
Reflects an option grant that was made to the reporting person on 03/31/2019. The shares underlying this stock option vest according to the following schedule: one-sixth of the shares underlying the stock option will vest and become exercisable in six equal semi-annual installments on each six-month anniversary of the date of grant.
Received in connection with the Merger upon the conversion pursuant to its terms of a stock option to acquire 75,000 shares of common stock of the Former Entity at an exercise price of $1.10 per share.
Reflects an option grant that was made to the reporting person on 10/14/2019. The shares underlying this stock option vest according to the following schedule: one-fourth of the shares underlying the stock option will vest and become exercisable in four equal quarterly installments on each three-month anniversary of 11/13/2019.
/s/ Rodney C. Keller, Jr.
2020-06-01