0001104659-24-038965.txt : 20240326
0001104659-24-038965.hdr.sgml : 20240326
20240326144022
ACCESSION NUMBER: 0001104659-24-038965
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240326
FILED AS OF DATE: 20240326
DATE AS OF CHANGE: 20240326
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ingargiola Luisa
CENTRAL INDEX KEY: 0001447277
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38612
FILM NUMBER: 24782981
MAIL ADDRESS:
STREET 1: 4826 BLUE JAY CIRCLE
CITY: PALM HARBOR
STATE: FL
ZIP: 34683
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ELECTRAMECCANICA VEHICLES CORP.
CENTRAL INDEX KEY: 0001637736
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 000000000
STATE OF INCORPORATION: A1
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 8127 E. RAY ROAD
CITY: MESA
STATE: AZ
ZIP: 85212
BUSINESS PHONE: 604-428-7656
MAIL ADDRESS:
STREET 1: 8127 E. RAY ROAD
CITY: MESA
STATE: AZ
ZIP: 85212
4
1
tm249738-4_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2024-03-26
1
0001637736
ELECTRAMECCANICA VEHICLES CORP.
SOLO
0001447277
Ingargiola Luisa
8127 EAST RAY ROAD
MESA
AZ
85212
1
0
0
0
0
Common Stock
2024-03-26
4
M
0
289914
A
332138
D
Common Stock
2024-03-26
4
D
0
332138
D
0
D
Deferred Share Units
2024-03-26
4
M
0
8797
0
D
Common Stock
8797
0
D
Deferred Share Units
2024-03-26
4
M
0
10264
0
D
Common Stock
10264
0
D
Deferred Share Units
2024-03-26
4
M
0
270853
0
D
Common Stock
270853
0
D
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.
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.
The DSUs vested over a period of one year from July 22, 2020.
The DSUs vested over a period of one year from September 22, 2021.
The DSUs vested in full upon grant.
/s/ Michael Bridge, as attorney-in-fact
2024-03-26