0001493152-20-010330.txt : 20200601 0001493152-20-010330.hdr.sgml : 20200601 20200601202152 ACCESSION NUMBER: 0001493152-20-010330 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: Perley Richard CENTRAL INDEX KEY: 0001813325 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34643 FILM NUMBER: 20935370 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 0001813325 Perley Richard 900 E. OLD SETTLERS BOULEVARD, SUITE 100 ROUND ROCK TX 78664 0 1 0 0 Chief Marketing Officer Warrants to Purchase Common Stock 7.35 2020-05-28 4 A 0 22724 A 2024-01-31 Common Stock 22724 22724 D Warrants to Purchase Common Stock 7.35 2020-05-28 4 A 0 11362 A 2024-03-01 Common Stock 11362 11362 D Stock Option (Right to Buy) 4.05 2020-05-28 4 A 0 54536 A 2029-09-30 Common Stock 54536 54536 D On May 28, 2020, the reporting person received these warrants to purchase shares of the Issuer's Common Stock upon the conversion pursuant to its terms of a warrant to purchase 83,333 shares of common stock of a private company formerly known as "ARYO, Inc." (the "Former Entity") with an exercise price of $2.00 per share in connection with the merger of the Former Entity with and into a wholly owned subsidiary of the Issuer (the "Merger"). Immediately exercisable. 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 warrant to purchase 41,667 shares of common stock of the Former Entity with an exercise price of $2.00 per share. Received in connection with the Merger upon the conversion pursuant to its terms of a stock option to acquire 200,000 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 09/30/2019. 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 09/16/2019. /s/ Richard Perley 2020-06-01