0001493152-20-023710.txt : 20201215 0001493152-20-023710.hdr.sgml : 20201215 20201215214508 ACCESSION NUMBER: 0001493152-20-023710 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200929 FILED AS OF DATE: 20201215 DATE AS OF CHANGE: 20201215 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Keller Rodney C. Jr. CENTRAL INDEX KEY: 0001813326 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-34643 FILM NUMBER: 201391202 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/A 1 ownership.xml X0306 4/A 2020-09-29 2020-09-29 0 0001086745 AYRO, Inc. AYRO 0001813326 Keller Rodney C. Jr. 900 E. OLD SETTLERS BOULEVARD, SUITE 100 ROUND ROCK TX 78664 1 1 0 0 Chief Executive Officer Common Stock 2020-09-29 4 A 0 651250 0 A 651250 D Stock Option (Right to Buy) 3.17 2020-09-29 4 A 0 459468 0 A 2030-09-29 Common Stock 459468 459468 D The reporting person's original Form 4 indicated that these shares shall vest in one-third installments, subject to satisfaction of certain performance milestones and assumptions, as described in the reporting person's amended and restated employment agreement, as amended on September 29, 2020, and the restricted stock award agreement for the grant. On December 11, 2020, the issuer and the reporting person mutually agreed to amend the vesting terms of these shares as follows: one-third of the shares will vest on May 28, 2021 and an additional one-third of the shares will vest on December 4, 2021 and December 4, 2022, respectively, provided that the reporting person has remained employed by or is providing services to the issuer through the applicable vesting date. The reporting person's original Form 4 indicated that the shares underlying this stock option vest accordingly: one-third of the optioned shares shall vest on the first anniversary of the grant date (the "Initial Vesting Date"), and the remaining optioned shares shall vest in 24 substantially equal monthly installments on each of the next 24 monthly anniversaries of the Initial Vesting Date. On 12/11/2020, the issuer and the reporting person mutually agreed to amend the vesting terms of the shares underlying this stock option as follows: one-third of the optioned shares shall be fully vested, retroactively effective as of 12/4/2020, and an additional one-third of the optioned shares will vest on 12/4/2021 and 12/4/2022, respectively, provided that the reporting person has remained employed by or is providing services to the issuer through the applicable vesting date. /s/ Rodney C. Keller, Jr. 2020-12-15