Filing Details
- Accession Number:
- 0001437749-22-022356
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-09-13 20:18:13
- Reporting Period:
- 2022-09-09
- Accepted Time:
- 2022-09-13 20:18:13
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1713832 | Hyrecar Inc. | HYRE | Services-Auto Rental & Leasing (No Drivers) (7510) | 472480487 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1872778 | Serge Bock De | C/O Hyrecar Inc. 915 Wilshire Blvd., Suite #1950 Los Angeles CA 90017 | Cfo | No | 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 | Acquisiton | 2022-09-09 | 87,229 | $0.00 | 187,229 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2022-09-13 | 29,025 | $1.16 | 158,204 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | S | Direct |
Footnotes
- 27,229 are represented by restricted stock units, which upon vesting of the unit, represent the right to receive one share of the issuer's common stock. 25% of the 27,229 restricted stock units will vest on the 1-year anniversary of January 1, 2022 with remainder to vest quarterly thereafter over the next three (3) years.
- In addition to the restricted stock units discussed in Footnote 1 above, 75,000 of the 187,229 shares of common stock are represented by restricted stock units, which upon vesting of the unit, represent the right to receive one share of the issuer's common stock. Of these 75,000 restricted stock units, 6,250 units will vest on each of the following dates: October 5, 2022, January 5, 2023, April 5, 2023, July 5, 2023, October 5, 2023, January 5, 2024, April 5, 2024, July 5, 2024, October 5, 2024, January 5, 2025, April 5, 2025, July 5, 2025.
- The proceeds of these sales will be used primarily to cover the reporting person's tax liability arising from restricted stock unit vesting.
- This transaction was executed in multiple trades at prices ranging from $1.15 to $1.19. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Billionaire Hedge Funds
