0001474506-20-000198.txt : 20200630 0001474506-20-000198.hdr.sgml : 20200630 20200630212909 ACCESSION NUMBER: 0001474506-20-000198 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200626 FILED AS OF DATE: 20200630 DATE AS OF CHANGE: 20200630 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: 201003830 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: 2034 WEST 2ND AVENUE CITY: EUGENE STATE: OR ZIP: 97402 BUSINESS PHONE: 541-683-6293 MAIL ADDRESS: STREET 1: 2034 WEST 2ND AVENUE CITY: EUGENE STATE: OR ZIP: 97402 4 1 primary_doc.xml PRIMARY DOCUMENT X0306 4 2020-06-26 0 0001558583 Arcimoto Inc FUV 0001753350 Eisler Jesse Grant C/O ARCIMOTO, INC. 2034 WEST 2ND AVENUE EUGENE OR 97402 1 0 0 0 Common Stock 2020-06-26 4 C 0 69752 4.25 A 501608 D Convertible Promissory Notes 4.25 2020-06-26 4 C 0 69752 4.25 D Common Stock 69752 0 D On August 14, 15, 27 and September 18, 2019, the Issuer issued certain convertible promissory notes in the aggregate principal amount of $453,197.97. On June 26, 2020, the convertible promissory notes were converted into 69,752 shares of the Company's common stock, which number of shares represents the aggregate principal amount plus aggregate accrued interest ($43,248.81) due on the convertible promissory notes minus $200,000, divided by the conversion price. The remaining principal amount plus accrued interest due on the convertible promissory notes was paid in a lump sum of $200,000 to the reporting person as repayment in full by the Issuer of the convertible promissory notes. An aggregate principal amount of $453,197.97 of convertible promissory notes was due and payable between August 14, 2020 and September 18, 2020 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 accrued at an annual rate of 10%, compounded monthly. /s/ W. David Mannheim, by Power of Attorney 2020-06-30