Sec Form 4 Filing - Eisler Jesse Grant @ Arcimoto Inc - 2020-06-26

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 Eisler Jesse Grant 2. Issuer Name and Ticker or Trading Symbol Arcimoto Inc [ FUV] 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) C/O ARCIMOTO, INC., 2034 WEST 2ND AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 06/26/2020 (Street) EUGENE, OR97402 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 06/26/2020 C 69,752 ( 1 ) A $ 4.25 501,608 D

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 Convertible Promissory Notes $ 4.25 06/26/2020 C 69,752 ( 1 ) ( 2 ) ( 2 ) Common Stock 69,752 $ 4.25 0 ( 2 ) D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Eisler Jesse Grant C/O ARCIMOTO, INC. 2034 WEST 2ND AVENUE EUGENE, OR97402 X Signatures /s/ W. David Mannheim, by Power of Attorney 06/30/2020 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On August 14, 15, 27 and September 18, 2019, the Issuer issued certain convertible promissory notes in the aggregate principal amount of $453,197.97. On June 26, 2020, the convertible promissory notes were converted into 69,752 shares of the Company's common stock, which number of shares represents the aggregate principal amount plus aggregate accrued interest ($43,248.81) due on the convertible promissory notes minus $200,000, divided by the conversion price. The remaining principal amount plus accrued interest due on the convertible promissory notes was paid in a lump sum of $200,000 to the reporting person as repayment in full by the Issuer of the convertible promissory notes. ( 2 )An aggregate principal amount of $453,197.97 of convertible promissory notes was due and payable between August 14, 2020 and September 18, 2020 in (a) cash or (b) Issuer's common stock at a price of $4.25 per share, at the election of the holder of the convertible promissory notes. Interest on the convertible promissory notes accrued at an annual rate of 10%, compounded monthly.

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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