0001104659-24-038959.txt : 20240326 0001104659-24-038959.hdr.sgml : 20240326 20240326143657 ACCESSION NUMBER: 0001104659-24-038959 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: Docherty Susan E CENTRAL INDEX KEY: 0001601821 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38612 FILM NUMBER: 24782908 MAIL ADDRESS: STREET 1: THE BRINK'S COMPANY STREET 2: 1801 BAYBERRY COURT, 4TH FLOOR CITY: RICHMOND STATE: VA ZIP: 23226 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 tm249738-2_4seq1.xml OWNERSHIP DOCUMENT X0508 4 2024-03-26 1 0001637736 ELECTRAMECCANICA VEHICLES CORP. SOLO 0001601821 Docherty Susan E 8127 EAST RAY ROAD MESA AZ 85212 1 1 0 0 CEO and Interim COO 0 Common Stock 2024-03-26 4 M 0 666667 A 870000 D Common Stock 2024-03-26 4 M 0 875000 A 1745000 D Common Stock 2024-03-26 4 D 0 1745000 D 0 D Restricted Share Units 2024-03-26 4 M 0 666667 0 D Common Stock 666667 0 D Performance Share Units 2024-03-26 4 M 0 437500 0 D Common Stock 437500 0 D Performance Share Units 2024-03-26 4 M 0 218750 0 D Common Stock 218750 0 D Performance Share Units 2024-03-26 4 M 0 218750 0 D Common Stock 218750 0 D On March 26, 2024, Xos, Inc. ("Xos") acquired all of the issued and outstanding common shares (the "ElectraMeccanica Shares") of Electra Meccanica Vehicles Corp. ("ElectraMeccanica") pursuant to a plan of arrangement (the "Plan of Arrangement") under the Business Corp orations 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 Ar rangement, 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 restricted share unit ("RSU") represented a contingent right to receive one ElectraMeccanica Share upon vesting. Pursuant to the Arrangement Agreement, each RSU that was outstanding immediately prior to the Effective Time vested and was settled by ElectraMeccanica in exchange for one ElectraMec canica Share. On December 5, 2022, the reporting person was granted a total of 1,000,000 RSUs, which were to vest in three equal annual installments from the grant date. Each performance share unit ("PSU") represented a contingent right to receive one ElectraMeccanica Share upon vesting. Pursuant to the Arrangement Agreement, each PSU that was outstanding immediately prior to the Effective Time vested and was settled by ElectraMeccanica in exchange for one ElectraMec canica Share. On December 5, 2022, the reporting person was granted a total of 437,500 PSUs, which were to vest on the first date on which the 30-day volume weighted average trading price per ElectraMeccanica Share was $5.00 or greater. On December 5, 2022, the reporting person was granted a total of 218,750 PSUs, which were to vest on the first date on which the 30-day volume weighted average trading price per ElectraMeccanica Share was $6.00 or greater. On December 5, 2022, the reporting person was granted a total of 218,750 PSUs, which were to vest on the first date on which the 30-day volume weighted average trading price per ElectraMeccanica Share was $7.00 or greater. /s/ Susan Docherty 2024-03-26