Sec Form 4 Filing - Beabout J. Steven @ SOBR Safe, Inc. - 2022-05-18

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Beabout J. Steven
2. Issuer Name and Ticker or Trading Symbol
SOBR Safe, Inc. [ SOBR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
6400 S. FIDDLERS GREEN CIRCLE, SUITE 525
3. Date of Earliest Transaction (MM/DD/YY)
05/18/2022
(Street)
GREENWOOD VILLAGE, CO80111
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/18/2022 J( 1 ) 58,800 A $ 4 199,506 I Includes 40,000 shares in the name Sky Startups, LLC and 126,633 shares in the name C&S Trust
Common Stock 05/19/2022 P 59,013 A $ 1.25 258,519 I Includes 40,000 shares in the name Sky Startups, LLC and 126,633 shares in the name C&S Trust
Common Stock 05/20/2022 P 12,560 A $ 1.06 271,079 I Includes 40,000 shares in the name Sky Startups, LLC and 126,633 shares in the name C&S Trust
Common Stock 05/24/2022 P 18,000 A $ 1.11 289,079 I Includes 40,000 shares in the name Sky Startups, LLC and 126,633 shares in the name C&S Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Warrants $ 4.25 05/18/2022 J( 1 ) 117,600 05/18/2022 05/18/2027 Common Stock 117,600 $ 0.125( 1 ) 117,600 D
Restricted Stock Units $ 0( 2 ) 02/09/2022 A 25,000 ( 2 ) ( 3 ) Common Stock 25,000 ( 4 ) 80,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Beabout J. Steven
6400 S. FIDDLERS GREEN CIRCLE
SUITE 525
GREENWOOD VILLAGE, CO80111
X
Signatures
/s/ Steve Beabout 05/25/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Mr. Beabout acquired 58,800 Units for $248,724 in the Issuer's recent $10 million firm underwritten public offering, with each Unit consisting of one share of the Issuer's common stock and two warrants, each to purchase one share of the Issuer's common stock at $4.25. The price per Unit was $4.25, with $4.00 of the Unit price attributed to the share of common stock and $0.125 of the Unit price attributed to each warrant.
( 2 )The RSUs vest on the earlier to occur of 180 days after the Company uplist to Nasdaq or January 1, 2023.
( 3 )The RSUs don't have an expiration date, but will terminate if Mr. Beabout is not in continuing service with the Issuer at the time of vesting.
( 4 )The RSUs were issued to Mr. Beabout for his services as the chairperson of the Compensation Committee of the Issuer's Board of Directors.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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