Form 4 for GWAV Greenwave Technology Solutions, Inc.
Accepted 2022-07-25 00:00:00 ET · period of report 2022-07-22 · accession 0001493152-22-020248 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-07-25 | 2022-07-22 | GWAV | Meeks Danny | CEO, Dir, 10% | C - Cnv Deriv | — | +871.0K | 2.53M | +53% | — |
| D | 2022-07-25 | 2022-07-22 | GWAV | Meeks Danny | CEO, Dir, 10% | C - Cnv Deriv | — | 0 | 0 | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-07-22 | C | A | 870,976 | — | 2,528,178 | D | — | — | (F1) The Reporting Person received one (1) share of the Issuer's common stock for each $6.02 (80% of the arithmetic average of the value weighted average price of the Issuer's common stock during the three (3) trading days immediately prior to the date on which the Issuer's common stock was listed on The Nasdaq Capital Market) of principal and accrued but unpaid interest on a Convertible Note issued to the Reporting Person on November 30, 2021. |
| 2 | Derivative | Convertible Note | 2022-07-22 | C | D | — | — | 0 | D | — · 2021-11-30 to 2022-11-30 | 870,976 Common Stock | (F2) The Convertible Note bore interest at a rate of 6% per annum. All principal and accrued but unpaid interest on the Convertible Note automatically converted into shares of the Issuer's common stock upon the listing of the common stock on The Nasdaq Capital Market. (F3) The Convertible Note was issued to the Reporting Person in exchange for the rollover by the Reporting Person of certain indebtedness of the Issuer held by the Reporting Person. (F1) The Reporting Person received one (1) share of the Issuer's common stock for each $6.02 (80% of the arithmetic average of the value weighted average price of the Issuer's common stock during the three (3) trading days immediately prior to the date on which the Issuer's common stock was listed on The Nasdaq Capital Market) of principal and accrued but unpaid interest on a Convertible Note issued to the Reporting Person on November 30, 2021. |