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

Role
CEO and Chairman, Director, 10%+ Owner
Signature
/s/ Fraser Atkinson
Stock symbol
GP
Transactions as of
Dec 10, 2021
Transactions value $
$969,500
Form type
4
Date filed
3/9/2022, 10:30 AM
Previous filing
Sep 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GP Common Shares Purchase $56K +5K +0.44% $11.20 1.15M Dec 24, 2021 Direct F1
transaction GP Common Shares Purchase $91K +5K +0.44% $18.20 1.15M Dec 24, 2021 Direct F1
transaction GP Common Shares Exercise of in-the-money or at-the-money derivative security $75K +14.3K +1.24% $5.25 1.17M Jan 25, 2022 Direct F1
transaction GP Common Shares Exercise of in-the-money or at-the-money derivative security $450K +85.7K +7.34% $5.25 1.25M Feb 27, 2022 Direct F1
transaction GP Common Shares Exercise of in-the-money or at-the-money derivative security $1.44M +343K +93.66% $4.20 709K Mar 3, 2022 KFS Capital LLC F1
holding GP Common Shares 1.14M Dec 10, 2021 Direct
holding GP Common Shares 28.6K Dec 10, 2021 Atkinson Family Trust
holding GP Common Shares 805K Dec 10, 2021 Koko Financial Services Ltd.
holding GP Common Shares 17.9K Dec 10, 2021 H. Atkinson ITF RR Atkinson
holding GP Common Shares 17.9K Dec 10, 2021 H. Atkinson ITF SS Atkinson
holding GP Common Shares 366K Dec 10, 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 -$75K -14.3K -100% $5.25 0 Jan 25, 2022 Common 14.3K $5.25 Direct F1
transaction GP Stock Options Exercise of in-the-money or at-the-money derivative security -$450K -85.7K -100% $5.25 0 Feb 27, 2022 Common 85.7K $5.25 Direct F1
transaction GP Stock Options Award $823K +50K +31.82% $16.45 207K Dec 10, 2021 Common 50K $16.45 Direct F1, F4
transaction GP Warrants Exercise of in-the-money or at-the-money derivative security -$1.44M -343K -100% $4.20 0 Mar 3, 2022 Common 343K $4.20 KFS Capital LLC F1
holding GP Stock Options 14.3K Dec 10, 2021 Common 14.3K $5.25 Direct F1
holding GP Stock Options 85.7K Dec 10, 2021 Common 85.7K $5.25 Direct F1
holding GP Stock Options 14.3K Dec 10, 2021 Common 14.3K $3.50 Direct F1
holding GP Stock Options 28.6K Dec 10, 2021 Common 14.3K $3.50 Direct F1
holding GP Stock Options 57.1K Dec 10, 2021 Common 28.6K $2.59 Direct F1
holding GP Stock Options 157K Dec 10, 2021 Common 100K $20.00 Direct F2
holding GP Warrants 343K Dec 10, 2021 Common 343K $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.