Home > Insider Trading > Filing (0001493152-21-005447)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1691077	Evmo Inc.	YAYO	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1088240	Ramy El-Batrawi	433 N. Camden Drive Suite 600 Beverly Hills CA 90210	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2021-02-26	6,000,000	$0.83	2,297,195	No	4	S	Indirect	See footnote
Common Stock	Acquisiton	2021-03-01	960,550	$0.22	3,257,745	No	4	C	Indirect	See footnote
Common Stock	Disposition	2021-03-02	100,000	$0.00	3,157,745	No	4	G	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote
No	4	C	Indirect	See footnote
No	4	G	Indirect	See footnote

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Incentive Stock Option	Disposition	2021-03-02	1,000,000	$0.22	1,000,000	$0.22

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2025-07-08	No	4	C	Direct

Footnotes

Shares of common stock were acquired by the Reporting Person pursuant to the exercise of incentive stock options granted to the Reporting Person on July 8, 2020.
The shares of common stock were acquired pursuant to a cashless exercise of 1,000,000 incentive stock options granted to the Reporting Person on July 8, 2020. The incentive stock options were exercised at a price of $0.2150 per the terms of the option grant, for a total valuation of $215,000. As of 2/19/2021, the trading day prior to the date the Reporting Person requested the exercise, the closing price per share of common stock was $5.45. Accordingly, the cashless exercise resulted in 39,450 common shares used as consideration to acquire a net 960,550 common shares.
Shares of common stock beneficially owned by the Reporting Person are held of record by X, LLC, which is an entity that is wholly-owned and controlled by the Reporting Person. The Reporting Person has voting and dispositive control over any securities owned of record by X, LLC.
The Incentive Stock Options were originally granted to the Reporting Person on July 8, 2020 with 500,000 options vesting immediately, thereafter the remaining 500,000 options would vest quarterly over 2 years. In connection with the Reporting Person's resignation as Chief Executive Officer of the Issuer, the board of directors agreed to accelerate the vesting of all options so that such options fully vested effective upon his resignation.