Form 4 for FABC Fabric.AI, Inc.
Accepted 2021-07-02 00:00:00 ET · period of report 2021-06-30 · accession 0001493152-21-016125 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-07-02 | 2021-06-30+ | FABC | Keller Rodney C. Jr. | CEO, Dir | M - OptEx | $3.31 | +84.4K | 434.6K | +24% | +$279.6K |
| DM | 2021-07-02 | 2021-06-30+ | FABC | Keller Rodney C. Jr. | CEO, Dir | S - Sale+OE | $5.10 | -84.4K | 434.2K | -16% | -$430.3K |
| DM | 2021-07-02 | 2021-06-30+ | FABC | Keller Rodney C. Jr. | CEO, Dir | M - OptEx | $0.00 | -84.4K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-06-30 | M | A | 13,977 | $4.03 | 448,144 | D | — | — | (F3) Represents an exercise of an option to purchase 13,977 shares. The price reported in Column 4 is the exercise price of the underlying options assigned upon grant. |
| 2 | Common | Common Stock | 2021-07-01 | S | D | 70,000 | $5.11 | 434,167 | D | — | — | (F1) Represents a broker-assisted sale of shares pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 14, 2021. |
| 3 | Common | Common Stock | 2021-07-01 | M | A | 70,000 | $3.17 | 504,167 | D | — | — | (F5) Represents an exercise of an option to purchase 70,000 shares. The price reported in Column 4 is the exercise price of the underlying options assigned upon grant. |
| 4 | Common | Common Stock | 2021-06-30 | S | D | 426 | $5.04 | 434,167 | D | — | — | (F1) Represents a broker-assisted sale of shares pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 14, 2021. (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.00 to $5.15, inclusive. The reporting person undertakes to provide to AYRO, Inc., any security holder of AYRO, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4. |
| 5 | Common | Common Stock | 2021-06-30 | M | A | 426 | $3.17 | 434,593 | D | — | — | (F4) Represents an exercise of an option to purchase 426 shares. The price reported in Column 4 is the exercise price of the underlying options assigned upon grant. |
| 6 | Common | Common Stock | 2021-06-30 | S | D | 13,977 | $5.04 | 434,167 | D | — | — | (F1) Represents a broker-assisted sale of shares pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 14, 2021. (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.00 to $5.15, inclusive. The reporting person undertakes to provide to AYRO, Inc., any security holder of AYRO, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4. |
| 7 | Derivative | Employee Stock Options (right to buy) | 2021-07-01 | M | D | 70,000 | $0.00 | 389,042 | D | $3.17 · — to 2030-09-29 | 70,000 Common Stock | (F7) The shares underlying this stock option vest according to the following schedule: one-third of the optioned shares vested on 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. |
| 8 | Derivative | Employee Stock Options (right to buy) | 2021-06-30 | M | D | 426 | $0.00 | 459,042 | D | $3.17 · — to 2030-09-29 | 426 Common Stock | (F7) The shares underlying this stock option vest according to the following schedule: one-third of the optioned shares vested on 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. |
| 9 | Derivative | Employee Stock Options (right to buy) | 2021-06-30 | M | D | 13,977 | $0.00 | 0 | D | $4.03 · — to 2029-11-13 | 13,977 Common Stock | (F6) These options are fully vested and exercisable. |