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