Sec Form 4 Filing - Aquila Tony @ Canoo Inc. - 2021-12-10

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 Aquila Tony 2. Issuer Name and Ticker or Trading Symbol Canoo Inc. [ GOEV] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director X __ 10% Owner X __ Officer (give title below) _____ Other (specify below) Executive Chairman and CEO (Last) (First) (Middle) C/O CANOO INC., 19951 MARINER AVE. 3. Date of Earliest Transaction (MM/DD/YY) 12/10/2021 (Street) TORRANCE, CA90503 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 12/10/2021 X 2,400,000 A $ 5.83 50,032,655 I By LLCs( 1 ) Common Stock 12/10/2021 X 1,200,000 A $ 5.83 51,232,655 I By LLCs( 1 ) Common Stock 1,538,828 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 Option (Right to Buy) $ 5.83 12/10/2021 X 1 05/18/2021 06/19/2024 Common Stock 2,400,000 $ 0 0 I By LLC( 2 ) Option (Right to Buy) $ 5.83 12/10/2021 X 1 05/18/2021 06/19/2024 Common Stock 1,200,000 $ 0 0 I By LLC( 2 )

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Aquila Tony C/O CANOO INC. 19951 MARINER AVE. TORRANCE, CA90503 X X Executive Chairman and CEO Signatures Tony Aquila, by /s/ Michael Fielkow, Attorney-in-Fact 12/14/2021 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Following the exercise of the options, the shares are held as follows: 12,359,387 shares are held directly by AFV Partners SPV-4 LLC ("AFV 4"); 35,273,268 are held directly by AFV Partners SPV-7 LLC ("AFV 7"); and 3,600,000 shares are held directly by AFV Partners LLC ("AFV Partners"). The Reporting Person is (i) the managing member of AFV Management Advisors LLC, which exercises ultimate voting and investment power with respect to the shares held by AFV 4 and AFV 7; and (ii) the sole member and manager of AFV Partners. The Reporting Person disclaims beneficial ownership of the shares held by AFV 4, AFV 7 and AFV Partners, except to the extent of his pecuniary interest therein. ( 2 )The options were held by AFV Partners. Reporting Person is the sole member and manager of AFV Partners.

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).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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