Danny Meeks - 18 Nov 2024 Form 4 Insider Report for Greenwave Technology Solutions, Inc. (GWAV)

Signature
/s/ Danny Meeks
Issuer symbol
GWAV
Transactions as of
18 Nov 2024
Net transactions value
+$450
Form type
4
Filing time
20 Nov 2024, 20:00:16 UTC
Previous filing
14 May 2024
Next filing
04 Dec 2024

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 A-1 Preferred Stock Purchase $450 +450,000 +8206% $0.001000* 455,484 18 Nov 2024 Common Stock By DWM Properties LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Series A-1 Preferred Stock is convertible, at any time and from time to time, at the option of the holder thereof without any further consideration payable, into that number of shares of Common Stock, subject to certain limitations as described in the Certificate of Designation, that constitutes 0.0001% of the then-outstanding shares of Common Stock on the date of a conversion notice, provided, however, that in no case shall the total number of shares of Common Stock converted consist of more than 45% of the Issuer's authorized Common Stock.
F2 The Reporting Person holds 29,322 shares of the Issuer's Common Stock, which includes 5,484 shares of Common Stock underlying warrants. DWM Properties LLC, an entity wholly-owned by the Reporting Person, holds 1,745,693 shares of Common Stock and 450,000 shares of Series A-1 Preferred Stock.