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Greenwave Technology Solutions, Inc. — Director's Dealing 2017
Oct 23, 2017
35455_dirs_2017-10-23_479656e2-cbde-4651-8358-4655d39cb716.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: MassRoots, Inc. (MSRT)
CIK: 0001589149
Period of Report: 2017-10-16
Reporting Person: Kveton Scott C (Chief Executive Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.001 | 2826877 | Direct |
Footnotes
F1: Pursuant to the Agreement and Plan of Merger as described on the Company's Form 8-K dated July 14, 2017, Mr. Kveton received 1,228,771 shares of the Company's Common Stock as consideration for the merger of the Company's subsidiary, MassRoots Compliance Technology, Inc., with and into Odava, Inc. (the "Merger"). In addition, as consideration for the Merger, 48,106 shares of the Company's Common Stock were issued to Mr. Kveton and Sarah Tuthill-Kveton, as joint tenants with right of survivorship. Pursuant to that certain Employment Agreement between the Company and Mr. Kveton, dated June 28, 2017, Mr. Kveton was granted (i) 50,000 shares of the Company's Common Stock which vested immediately, and (ii) 1,500,000 shares of the Company's Common Stock, which vest equally over the course of 24 months starting July 1, 2017 (250,000 shares of which have vested as of the date of this filing).