Danny Meeks - Jul 28, 2023 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 28, 2023
Transactions value $
$0
Form type
4
Date filed
8/1/2023, 01:40 PM
Previous filing
Nov 25, 2022
Next filing
Apr 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWAV Common Stock Conversion of derivative security +1.01M +39.56% 3.58M Jul 28, 2023 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 Series Z Preferred Stock Conversion of derivative security -250 -100% 0 Jul 28, 2023 Common Stock 1.01M Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series Z Preferred Stock was convertible into such number of validly issued, fully paid, and non-assessable shares of common stock that constituted 0.039600000% of then-outstanding shares of common stock on the date of listing on The Nasdaq Capital Market.
F2 No expiration date.
F3 On September 30, 2021, Greenwave Technology Solutions, Inc. ("the Company"), the Reporting Person, and Empire Services, Inc. ("Empire") entered into a Series Z Preferred Stock Issuance Agreement, whereby the Company agreed to issue and sell 250 shares of Series Z Preferred Stock to the Reporting Person in consideration of the Reporting Person or Empire remitting the sum of $1,000,000 to a third party pursuant to a certain settlement agreement for the benefit of the Company.