Fraser Atkinson - 27 Aug 2021 Form 4 Insider Report for GREENPOWER MOTOR Co INC. (GP)

Signature
/s/ Fraser Atkinson
Issuer symbol
GP
Transactions as of
27 Aug 2021
Net transactions value
+$562,499
Form type
4
Filing time
02 Sep 2021, 15:50:46 UTC
Previous filing
17 Jun 2021
Next filing
09 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GP Common Shares Options Exercise $281,250 +80,357 +28% $3.50 366,071 27 Aug 2021 KFS Capital LLC F1
holding GP Common Shares 1,143,766 27 Aug 2021 Direct
holding GP Common Shares 28,571 27 Aug 2021 Atkinson Family Trust
holding GP Common Shares 804,854 27 Aug 2021 Koko Financial Services Ltd.
holding GP Common Shares 17,858 27 Aug 2021 H. Atkinson ITF RR Atkinson
holding GP Common Shares 17,858 27 Aug 2021 H. Atkinson ITF SS Atkinson

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 GP Warrants Options Exercise $281,250 +80,357 $3.50 0 27 Aug 2021 Common 80,357 $3.50 KFS Capital LLC F1, F3
holding GP Stock Options 14,286 27 Aug 2021 Common 14,286 $5.25 Direct F1
holding GP Stock Options 100,000 27 Aug 2021 Common 85,714 $5.25 Direct F1
holding GP Stock Options 114,286 27 Aug 2021 Common 14,286 $3.50 Direct F1
holding GP Stock Options 128,572 27 Aug 2021 Common 14,286 $3.50 Direct F1
holding GP Stock Options 157,143 27 Aug 2021 Common 28,571 $2.59 Direct F1
holding GP Stock Options 257,153 27 Aug 2021 Common 100,000 $20.00 Direct F2
holding GP Warrants 285,714 27 Aug 2021 Common 285,714 $4.55 KFS Capital LLC F1, F3
holding GP Warrants 0 27 Aug 2021 Common 285,714 $4.55 KFS Capital LLC F1
holding GP Warrants 342,857 27 Aug 2021 Common 342,857 $4.20 KFS Capital LLC F1, F3
holding GP Warrants 80,357 27 Aug 2021 Common 80,357 $3.50 KFS Capital LLC F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Canadian dollars
F2 (5) The Options will vest as follows: (i) 25% after four months from the date of grant, (ii) 25% after the first anniversary of the date of grant, (iii) 25% after the second anniversary of the date of grant and (iv) 25% after the third anniversary of the date of grant.
F3 These warrants were transferred to KFS Capital LLC. There is no change of beneficial ownership.