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Greenwave Technology Solutions, Inc. Director's Dealing 2021

Dec 17, 2021

35455_dirs_2021-12-17_c3f2c315-d83d-410f-8c8c-58f60740c5f9.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Greenwave Technology Solutions, Inc. (MSRT)
CIK: 0001589149
Period of Report: 2021-12-16

Reporting Person: Dietrich Isaac (Former Officer and Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-12-16 Series C Convertible Preferred Stock $ J 1000 Disposed Common Stock (1000000) Direct

Footnotes

F1: Each share of Series C Convertible Preferred Stock (the "Series C Preferred Stock") was to automatically convert into 1,000,000 shares of the Issuer's common stock upon the earlier to occur of: (i) the listing the Issuer's securities on a national securities exchange and (ii) a Change in Control (as defined in the Certificate of Designations, Preferences and Rights of the Series C Preferred Stock) of the Issuer. If there was no listing on a national securities exchange and if there is no Change in Control, the Series C Preferred Stock would not have converted into shares of the Issuer's common stock.

F2: On December 16, 2021, Mr. Dietrich forfeited his 1,000 shares of Series C Preferred Stock for no consideration.

F3: The Series C Preferred Stock was perpetual and therefore had no expiration date.

F4: Collectively, the shares of Series C Preferred Stock were entitled to cast such number of votes equal to 40% of the issued and outstanding shares of common stock of the Issuer.