0001474506-19-000163.txt : 20190816
0001474506-19-000163.hdr.sgml : 20190816
20190816172732
ACCESSION NUMBER: 0001474506-19-000163
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190814
FILED AS OF DATE: 20190816
DATE AS OF CHANGE: 20190816
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Eisler Jesse Grant
CENTRAL INDEX KEY: 0001753350
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38213
FILM NUMBER: 191034277
MAIL ADDRESS:
STREET 1: C/O ARCIMOTO, INC.
STREET 2: 2034 WEST 2ND AVENUE
CITY: EUGENE
STATE: OR
ZIP: 97402
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Arcimoto Inc
CENTRAL INDEX KEY: 0001558583
STANDARD INDUSTRIAL CLASSIFICATION: MOTORCYCLES, BICYCLES & PARTS [3751]
IRS NUMBER: 261449404
STATE OF INCORPORATION: OR
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 544 BLAIR BLVD
CITY: EUGENE
STATE: OR
ZIP: 97402
BUSINESS PHONE: 541-683-6293
MAIL ADDRESS:
STREET 1: 544 BLAIR BLVD
CITY: EUGENE
STATE: OR
ZIP: 97402
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2019-08-14
0
0001558583
Arcimoto Inc
FUV
0001753350
Eisler Jesse Grant
C/O ARCIMOTO, INC.
2034 WEST 2ND AVENUE
EUGENE
OR
97402
1
0
0
0
2019 Short-term Notes
4.25
2019-08-14
4
J
0
12517
4.25
D
Common Stock
12517
0
D
Convertible Promissory Notes
4.25
2019-08-14
4
J
0
12517
4.25
A
Common Stock
12517
12517
D
Convertible Promissory Notes
4.25
2019-08-15
4
J
0
23529
4.25
A
Common Stock
23529
23529
D
The number of shares of Issuer's common stock was calculated based upon the dollar amounts of either principal or interest divided by the per share price of $4.25. The principal amount of the 2019 Short-term Notes, together with interest accrued thereon was payable, at the option of the holder, in (a) cash, (b) Issuer's common stock (valued at a price of $4.25 per share) or (c) in the event Issuer issued convertible promissory notes to third parties before the original maturity date (two months after the issuance), in a convertible promissory note on the same terms as purchased by such third parties.
On August 14, 2019, the principal ($50,000, representing 11,765 shares) and accrued interest ($3197.97, representing 752 shares) on the 2019 Short-term Notes were exchanged for $53,197.97 (representing 12,517 shares) in principal amount of convertible promissory notes. In addition, on August 15, 2019, the reporting person acquired an additional $100,000 principal amount of convertible promissory notes (representing an additional 23,529 shares). The principal amount of the convertible promissory notes is due and payable on August 14 and 15, 2020, respectively,
in (a) cash or (b) Issuer's common stock at a price of $4.25 per share, at the election of the holder of the convertible promissory notes. Interest on the convertible promissory notes accrues at an annual rate of 10%, compounded monthly.
/s/ W. David Mannheim, by Power of Attorney
2019-08-16