Danny Meeks - May 10, 2024 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
May 10, 2024
Transactions value $
$10,000,000
Form type
4
Date filed
5/14/2024, 10:44 AM
Previous filing
Apr 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWAV Common Stock Other $10M +200M +301.88% $0.05 266M May 10, 2024 By DWM Properties LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 10, 2024, the Company entered into an exchange agreement (the "Exchange Agreement") with DWM Properties LLC (the "Holder"), an entity wholly-owned by the Reporting Person, pursuant to which the Company and Holder agreed to exchange 1,000 shares of the Company's Series D Preferred Stock held by the Holder for 200,000,000 shares of the Company's Common Stock.
F2 The Reporting Person holds 4,398,169 shares of the Company's Common Stock, which consists of (i) 3,575,703 shares of Common Stock and (ii) 822,466 shares of Common Stock underlying warrants. The Holder, an entity wholly-owned by the Reporting Person, holds 261,853,899 shares of Common Stock.