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Greenwave Technology Solutions, Inc. — Director's Dealing 2016
Oct 5, 2016
35455_dirs_2016-10-05_4298f217-cd17-4cab-9a9b-edb3537e4a2a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MassRoots, Inc. (MSRT)
CIK: 0001589149
Period of Report: 2016-10-03
Reporting Person: GALEY LANCE (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-10-03 | Common Stock, par value $0.001 | A | 600000 | — | Acquired | 600000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-10-03 | Option | $0.51 | A | 600000 | Acquired | 2026-10-03 | Common Stock, par value $0.001 (600000) | Direct |
Footnotes
F1: The 600,000 shares of the Company's Common Stock awarded to Mr. Galey will vest as follows: (a) 300,000 shares on October 3, 2016 and (b) 50,000 shares on the first day of each month from November 2016 through April 2017. The vested shares will be issued to Mr. Galey starting 40 days from October 5, 2016.
F2: The options to purchase 600,000 shares of the Company's Common Stock awarded to Mr. Galey will vest as follows: (a) 300,000 options on October 3, 2016 and (b) 50,000 options on the first day of each month from November 2016 through April 2017. The vested options may be exercised by Mr. Galey starting 40 days from October 5, 2016.