0001104659-24-038956.txt : 20240326
0001104659-24-038956.hdr.sgml : 20240326
20240326143507
ACCESSION NUMBER: 0001104659-24-038956
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: Johnston Stephen Eric
CENTRAL INDEX KEY: 0001951851
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38612
FILM NUMBER: 24782896
MAIL ADDRESS:
STREET 1: 4950 SUSANS WAY
CITY: BLOOMFIELD HILLS
STATE: MI
ZIP: 48302
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
tm249738-1_4seq1.xml
OWNERSHIP DOCUMENT
X0508
4
2024-03-26
1
0001637736
ELECTRAMECCANICA VEHICLES CORP.
SOLO
0001951851
Johnston Stephen Eric
8127 EAST RAY ROAD
MESA
AZ
85212
0
1
0
0
Chief Financial Officer
0
Common Stock
2024-03-26
4
M
0
300000
A
300000
D
Common Stock
2024-03-26
4
D
0
300000
D
0
D
Restricted Share Units
2024-03-26
4
M
0
300000
0
D
Common Stock
300000
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 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 ElectraMeccanica Share.
On December 7, 2023, the reporting person was granted a total of 300,000 RSUs, which were to vest in three equal annual installments from the grant date.
/s/ Michael Bridge, as attorney-in-fact
2024-03-26