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

Showing 1 to 11 of 11 entries

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.