Danny Meeks - Jul 22, 2022 Form 4 Insider Report for Greenwave Technology Solutions, Inc. (GWAV)

Role: Chief Executive Officer, Director, 10%+ Owner
Signature: /s/ Danny Meeks
Stock symbol: GWAV
Transactions as of: Jul 22, 2022
Transactions value $: -$4,762,838
Form type: 4
Date filed: 7/25/2022, 04:15 PM
Previous filing: Dec 15, 2021
Next filing: Nov 21, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GWAV	Common Stock	Conversion of derivative security		+871K	+52.56%		2.53M	Jul 22, 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GWAV	Convertible Note	Conversion of derivative security	-$4.76M				0	Jul 22, 2022	Common Stock	871K		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person received one (1) share of the Issuer's common stock for each $6.02 (80% of the arithmetic average of the value weighted average price of the Issuer's common stock during the three (3) trading days immediately prior to the date on which the Issuer's common stock was listed on The Nasdaq Capital Market) of principal and accrued but unpaid interest on a Convertible Note issued to the Reporting Person on November 30, 2021.
F2	The Convertible Note bore interest at a rate of 6% per annum. All principal and accrued but unpaid interest on the Convertible Note automatically converted into shares of the Issuer's common stock upon the listing of the common stock on The Nasdaq Capital Market.
F3	The Convertible Note was issued to the Reporting Person in exchange for the rollover by the Reporting Person of certain indebtedness of the Issuer held by the Reporting Person.