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
  1. 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.
  2. 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.
  3. The proceeds of these sales will be used primarily to cover the reporting person's tax liability arising from restricted stock unit vesting.
  4. 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.