Fraser Atkinson - 10 Dec 2021 Form 4 Insider Report for GREENPOWER MOTOR Co INC. (GP)

Signature
/s/ Fraser Atkinson
Issuer symbol
GP
Transactions as of
10 Dec 2021
Net transactions value
+$969,500
Form type
4
Filing time
09 Mar 2022, 10:30:07 UTC
Previous filing
02 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GP Common Shares Purchase $56,000 +5,000 +0.44% $11.20 1,148,766 24 Dec 2021 Direct F1
transaction GP Common Shares Purchase $91,000 +5,000 +0.44% $18.20 1,153,766 24 Dec 2021 Direct F1
transaction GP Common Shares Exercise of in-the-money or at-the-money derivative security $75,002 +14,286 +1.2% $5.25 1,168,052 25 Jan 2022 Direct F1
transaction GP Common Shares Exercise of in-the-money or at-the-money derivative security $449,998 +85,714 +7.3% $5.25 1,253,766 27 Feb 2022 Direct F1
transaction GP Common Shares Exercise of in-the-money or at-the-money derivative security $1,439,999 +342,857 +94% $4.20 708,928 03 Mar 2022 KFS Capital LLC F1
holding GP Common Shares 1,143,766 10 Dec 2021 Direct
holding GP Common Shares 28,571 10 Dec 2021 Atkinson Family Trust
holding GP Common Shares 804,854 10 Dec 2021 Koko Financial Services Ltd.
holding GP Common Shares 17,858 10 Dec 2021 H. Atkinson ITF RR Atkinson
holding GP Common Shares 17,858 10 Dec 2021 H. Atkinson ITF SS Atkinson
holding GP Common Shares 366,071 10 Dec 2021 KFS Capital LLC

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 Stock Options Exercise of in-the-money or at-the-money derivative security $75,002 -14,286 -100% $5.25 0 25 Jan 2022 Common 14,286 $5.25 Direct F1
transaction GP Stock Options Exercise of in-the-money or at-the-money derivative security $449,998 -85,714 -100% $5.25 0 27 Feb 2022 Common 85,714 $5.25 Direct F1
transaction GP Stock Options Award $822,500 +50,000 +32% $16.45 207,143 10 Dec 2021 Common 50,000 $16.45 Direct F1, F4
transaction GP Warrants Exercise of in-the-money or at-the-money derivative security $1,439,999 -342,857 -100% $4.20 0 03 Mar 2022 Common 342,857 $4.20 KFS Capital LLC F1
holding GP Stock Options 14,286 10 Dec 2021 Common 14,286 $5.25 Direct F1
holding GP Stock Options 85,714 10 Dec 2021 Common 85,714 $5.25 Direct F1
holding GP Stock Options 14,286 10 Dec 2021 Common 14,286 $3.50 Direct F1
holding GP Stock Options 28,572 10 Dec 2021 Common 14,286 $3.50 Direct F1
holding GP Stock Options 57,143 10 Dec 2021 Common 28,571 $2.59 Direct F1
holding GP Stock Options 157,143 10 Dec 2021 Common 100,000 $20.00 Direct F2
holding GP Warrants 342,857 10 Dec 2021 Common 342,857 $4.20 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.
F4 The Options will vest as follows: (i) 25% after four months from the date of grant, (ii) 25% after the six months from the date of grant, (iii) 25% nine months from the date of grant and (iv) 25% after the first anniversary of the date of grant.