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SOBR Safe, Inc. — Director's Dealing 2020
Jun 22, 2020
35413_dirs_2020-06-22_d2e8be69-5f9d-424a-99ac-f690252c60a8.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: SOBR Safe, Inc. (IMLED)
CIK: 0001425627
Period of Report: 2020-06-12
Reporting Person: Fay Ford Byron (Director)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Non-Qualified Stock Option | $0.263 | Common Stock (24053) | Direct | ||
| Series A-1 Convertible Preferred Stock | $1.00 | Common Stock () | Indirect |
Footnotes
F1: The Reporting Person was granted an option on October 25, 2019, for 24,053 post reverse stock split shares of Common Stock pursuant to an engineering services agreement. The Options vest at the rate of 6,013.25 post reverse stock split shares quarterly commencing January 1, 2020. The Share Option expires October 24, 2024.
F2: The Reporting Person owns $25,000 of membership interests in Sobre Safe, LLC("SSLLC"), a special purpose entity formed to invest in the Series A-1 Preferred Stock of the Issuer. As a member of SSLLC the Reporting Person has a right to distributions from SSLLC, which may include distributions of the Issuer's Series A-1 Preferred Stock or the common stock of the Issuer (if the Series A-1 is converted to common stock).