ATKINSON FRASER (CEO and Chairman) reported 4 transactions at GREENPOWER MOTOR CO INC.

Review the transaction codes below to understand the nature of each event.

ATKINSON FRASER

Filed: 12/14/2020ACC: 0001567619-20-021067

InsiderATKINSON FRASERCIK 1492886

→

IssuerGREENPOWER MOTOR CO INC.CIK 1584547

DirectorOfficer10% Owner· CEO and Chairman

Since Aug 2020

0.00

Net shares

Net seller

$775.0K

Total acquired

Open market trades

0B · 0S

Total transactions

208.10K acquired · 208.10K disposed

Non-Derivative Transactions4

Common Shares

Indirect

C · Conversion

+80.36K

Price / share

$2.80

Trade value

$225K

% of position

13.1%

12/10/2020

614.61K→694.96K

Common Shares

Indirect

C · Conversion

+109.89K

Price / share

$4.55

Trade value

$500K

% of position

15.8%

12/10/2020

694.96K→804.85K

Common Shares

Indirect

C · Conversion

+8.93K

Price / share

$2.80

Trade value

$25K

% of position

100.0%

12/10/2020

8.93K→17.86K

Common Shares

Indirect

C · Conversion

+8.93K

Price / share

$2.80

Trade value

$25K

% of position

100.0%

12/10/2020

8.93K→17.86K

Total

Net shares

+208.10K

Net value

$775K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Shares Indirect	12/10/2020	C · Conversion	+80.36K	$2.80	$225K	13.1%	614.61K	694.96K
Common Shares Indirect	12/10/2020	C · Conversion	+109.89K	$4.55	$500K	15.8%	694.96K	804.85K
Common Shares Indirect	12/10/2020	C · Conversion	+8.93K	$2.80	$25K	100.0%	8.93K	17.86K
Common Shares Indirect	12/10/2020	C · Conversion	+8.93K	$2.80	$25K	100.0%	8.93K	17.86K
Total			+208.10K		$775K

Derivative Transactions4

Convertible Debentures

Indirect

C · Conversion

Converts to

Common

80.36K shares

−80.36K

Strike price

2.80

Held after

0.00

Exercisable

—

12/10/2020

Convertible Debentures

Indirect

C · Conversion

Converts to

Common

109.89K shares

−109.89K

Strike price

4.55

Held after

0.00

Exercisable

—

12/10/2020

Convertible Debentures

Indirect

C · Conversion

Converts to

Common

8.93K shares

−8.93K

Strike price

2.80

Held after

0.00

Exercisable

—

12/10/2020

Convertible Debentures

Indirect

C · Conversion

Converts to

Common

8.93K shares

−8.93K

Strike price

2.80

Held after

0.00

Exercisable

—

12/10/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Convertible Debentures Indirect	Common80.36K shares	12/10/2020	C · Conversion	−80.36K	2.80	—
Convertible Debentures Indirect	Common109.89K shares	12/10/2020	C · Conversion	−109.89K	4.55	—
Convertible Debentures Indirect	Common8.93K shares	12/10/2020	C · Conversion	−8.93K	2.80	—
Convertible Debentures Indirect	Common8.93K shares	12/10/2020	C · Conversion	−8.93K	2.80	—

Non-Derivative Holdings (Post-Transaction)5

Common Shares

Direct

Shares owned1.11M

Common Shares

Indirect

Shares owned8.93K

Common Shares

Indirect

Shares owned614.61K

Common Shares

Indirect

Shares owned28.57K

Common Shares

Indirect

Shares owned8.93K

Total

1.11M direct·661.04K indirect1.77M

Security Title	Shares Owned	Ownership Type
Common Shares	1.11M	Direct
Common Shares	8.93K	Indirect
Common Shares	614.61K	Indirect
Common Shares	28.57K	Indirect
Common Shares	8.93K	Indirect
Total	1.77M	1.11M direct·661.04K indirect

Derivative Holdings (Post-Transaction)15

Stock Options

Direct

Underlying security

Common

Underlying shares

14.29K

Shares owned

140K

Exercise price

3.50

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common

Underlying shares

100K

Shares owned

282.86K

Exercise price

20.00

Expiration

—

Exercise window

—

Convertible Debentures

Indirect

Underlying security

Common

Underlying shares

8.93K

Shares owned

8.93K

Exercise price

2.80

Expiration

—

Exercise window

—

Warrants

Direct

Underlying security

Common

Underlying shares

342.86K

Shares owned

628.57K

Exercise price

4.20

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common

Underlying shares

11.43K

Shares owned

25.71K

Exercise price

2.45

Expiration

—

Exercise window

—

Convertible Debentures

Indirect

Underlying security

Common

Underlying shares

80.36K

Shares owned

80.36K

Exercise price

2.80

Expiration

—

Exercise window

—

Convertible Debentures

Indirect

Underlying security

Common

Underlying shares

8.93K

Shares owned

8.93K

Exercise price

2.80

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common

Underlying shares

28.57K

Shares owned

182.86K

Exercise price

2.59

Expiration

—

Exercise window

—

Warrants

Indirect

Underlying security

Common

Underlying shares

80.36K

Shares owned

80.36K

Exercise price

3.50

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common

Underlying shares

14.29K

Shares owned

14.29K

Exercise price

2.45

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common

Underlying shares

14.29K

Shares owned

40K

Exercise price

5.25

Expiration

—

Exercise window

—

Convertible Debentures

Indirect

Underlying security

Common

Underlying shares

109.89K

Shares owned

109.89K

Exercise price

4.55

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common

Underlying shares

85.71K

Shares owned

125.71K

Exercise price

5.25

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common

Underlying shares

14.29K

Shares owned

154.29K

Exercise price

3.50

Expiration

—

Exercise window

—

Warrants

Direct

Underlying security

Common

Underlying shares

285.71K

Shares owned

285.71K

Exercise price

4.55

Expiration

—

Exercise window

—

Total

Underlying

1.20M

Owned

2.17M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Options Direct	Common	3.50	—	—	14.29K	140K
Stock Options Direct	Common	20.00	—	—	100K	282.86K
Convertible Debentures Indirect	Common	2.80	—	—	8.93K	8.93K
Warrants Direct	Common	4.20	—	—	342.86K	628.57K
Stock Options Direct	Common	2.45	—	—	11.43K	25.71K
Convertible Debentures Indirect	Common	2.80	—	—	80.36K	80.36K
Convertible Debentures Indirect	Common	2.80	—	—	8.93K	8.93K
Stock Options Direct	Common	2.59	—	—	28.57K	182.86K
Warrants Indirect	Common	3.50	—	—	80.36K	80.36K
Stock Options Direct	Common	2.45	—	—	14.29K	14.29K
Stock Options Direct	Common	5.25	—	—	14.29K	40K
Convertible Debentures Indirect	Common	4.55	—	—	109.89K	109.89K
Stock Options Direct	Common	5.25	—	—	85.71K	125.71K
Stock Options Direct	Common	3.50	—	—	14.29K	154.29K
Warrants Direct	Common	4.55	—	—	285.71K	285.71K
Total					1.20M	2.17M