Isaac Dietrich - Dec 16, 2021 Form 4 Insider Report for Greenwave Technology Solutions, Inc. (GWAV)

Role: Former Officer and Director
Signature: /s/ Isaac Dietrich
Stock symbol: GWAV
Transactions as of: Dec 16, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/17/2021, 12:27 PM
Next filing: Mar 13, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GWAV	Series C Convertible Preferred Stock	Other	$0	-1K	-100%	$0.00^*	0	Dec 16, 2021	Common Stock	1M		Direct	F1, F2, F3, F4

Showing 1 to 1 of 1 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Isaac Dietrich is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
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.