Form 4 for FABC Fabric.AI, Inc.
Accepted 2023-02-03 00:00:00 ET · period of report 2023-01-30 · accession 0001493152-23-003577 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-02-03 | 2023-01-30 | FABC | Silverman Joshua | Dir | S - Sale | $0.71 | -7,171 | 222.8K | -3% | -$5,091 | |
| 2023-02-03 | 2023-02-01 | FABC | Silverman Joshua | Dir | A - Grant | $0.00 | +197.3K | 420.2K | +89% | $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 | 2023-01-30 | S | D | 7,171 | $0.71 | 222,827 | D | — | — | (F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.7000 to $0.7375, 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 (1) to this Form 4. Represents a broker-assisted sale of shares subject to a 10b5(1) trading plan adopted by the reporting person on August 22, 2022 to pay taxes upon the vesting of an award. |
| 2 | Common | Common Stock | 2023-02-01 | A | A | 197,333 | $0.00 | 420,160 | D | — | — | (F2) Shares will vest in four equal installments on each quarterly anniversary of the Grant Date, provided that Mr. Silverman is employed by or providing services to the Company through the applicable vesting date and subject to the terms and conditions of the AYRO, Inc. Long-Term Incentive Plan. |