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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Frohnmayer Mark
2. Issuer Name and Ticker or Trading Symbol

Arcimoto Inc [ FUV ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      __ X __ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President & CEO
(Last)          (First)          (Middle)

C/O ARCIMOTO, INC., 2034 W. 2ND AVENUE
3. Date of Earliest Transaction (MM/DD/YYYY)

11/19/2018
(Street)

EUGENE, OR 97402
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   11/19/2018     P    139903.0000   (1) A $3.0000   5133661.0000   D  
 

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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
Class C Preferred Stock   $0   (2)                    (3)   (3) Common Stock   2000000.0000     2000000.0000   D  
 
Warrant (Right to Purchase Common Stock   $0.5000                    3/9/2012   3/9/2027   Common Stock   300000.0000     300000.0000   D  
 
Stock Option (Right to Buy Common Stock)   $2.0605                      (4) 10/2/2025   Common Stock   20000.0000     20000.0000   D  
 
Stock Option (Right to Buy Common Stock)   $2.7500                      (5) 3/1/2027   Common Stock   20000.0000     20000.0000   D  
 

Explanation of Responses:
(1)  Purchase made in the Issuer's common stock offering under its Registration Statement on Form S-3 (333-227683), filed by the Issuer with the Securities and Exchange Commission on November 16, 2018, and the prospectus supplements thereto.
(2)  The Reporting Person disposed of 2,000,000 shares of the Issuer's common stock in exchange for 2,000,000 shares of the Issuer's Class C Preferred Stock.
(3)  The Issuer's Class C Preferred Stock is convertible as outlined in the Issuer's Articles of Amendment to the Second Amended and Restated Articles of Incorporation, and has no expiration date.
(4)  The option vested 1/3 on the first anniversary of the date of grant, October 2, 2016. The remaining options vested in equal monthly installments for 24 months on the 2nd day of each month, commencing on November 2, 2016.
(5)  The option vested 1/3 on the first anniversary of the date of grant, March 1, 2018. The remaining options vest in equal monthly installments for 24 months on the 1st day of each month, commencing on April 1, 2018.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Frohnmayer Mark
C/O ARCIMOTO, INC.
2034 W. 2ND AVENUE
EUGENE, OR 97402
X X President & CEO

Signatures
/s/ W. David Mannheim, by Power of Attorney 11/21/2018
** Signature of Reporting Person Date


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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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