SOBR Safe, Inc. — Director's Dealing 2020

Jun 23, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SOBR Safe, Inc. (IMLED)
CIK: 0001425627
Period of Report: 2020-06-05

Reporting Person: Graham Gary John (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-05	Common Stock	A	12000000	—	Acquired	12000000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-05	Convertible Note	$.50	A		Acquired		Common Stock (2970378)	Indirect
2020-06-05	Warrants	$.50	A	320000	Acquired	2025-06-04	Common Stock (320000)	Indirect

Footnotes

F1: On June 5, 2020, SOBR Safe, Inc. ("SSI") closed the transaction (the "Transaction") that was the subject of that certain Asset Purchase Agreement dated May 6, 2019 (and Amendment No. 1 dated March 9, 2020, together the "APA") with IDTEC, LLC ("IDTEC"). Under the terms of the APA IDTEC agreed to provide personnel, experience, and access to funding to assist with the development of SSI's SOBR device, as well as to sell to SSI certain robotics assets in exchange for 12,000,000 shares of SSI's common stock after giving effect to the reverse stock split effected in connection with closing the Transaction. The APA does not reflect an agreed value for the issuance of the 12,000,000 shares. The Reporting Person is the Manager of a limited liability company that is the Manager of IDTEC, and the Manager of IDTEC has full voting and investment power over the 12,000,000 shares of the Issuer's Common Stock.

F2: In connection with closing the Transaction, SSI also issued a convertible promissory note totaling $1,485,189 to IDTEC. The convertible promissory note is convertible any time by the holder into shares of SSI's common stock at a conversion price of $0.50 per share, subject to anti-dilution protection against any future securities SSI may issue at an effective price of less than $0.50 per share. The convertible promissory note is due upon demand. The Reporting Person is the Manager of a limited liability company that is the Manager of IDTEC, and the Manager of IDTEC has full voting and investment power over the 12,000,000 shares of the Issuer's Common Stock.

F3: In connection with closing the Transaction, SSI also issued a Warrant to Purchase Common Stock to IDTEC, under which IDTEC will purchase up to 320,000 shares of our common stock at an exercise price of $0.50 per share. The Warrants expire 5 years after the date of issue on June 4, 2025. The Reporting Person is the Manager of a limited liability company that is the Manager of IDTEC, and the Manager of IDTEC has full voting and investment power over the 12,000,000 shares of the Issuer's Common Stock.