ATKINSON FRASER (CEO and Chairman) exercised options at GREENPOWER MOTOR CO INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

ATKINSON FRASER

Filed: 9/2/2021ACC: 0001567619-21-016641

InsiderATKINSON FRASERCIK 1492886

→

IssuerGREENPOWER MOTOR CO INC.CIK 1584547

DirectorOfficer10% Owner· CEO and Chairman

Since Aug 2020

+160.71K

Net shares

Net buyer

$281.2K

Total acquired

Open market trades

0B · 0S

Total transactions

160.71K acquired

Non-Derivative Transactions1

Common Shares

Indirect

M · Option Exercise

+80.36K

Price / share

$3.50

Trade value

$281.25K

% of position

28.1%

8/27/2021

285.71K→366.07K

Total

Net shares

+80.36K

Net value

$281.25K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Shares Indirect	8/27/2021	M · Option Exercise	+80.36K	$3.50	$281.25K	28.1%	285.71K	366.07K
Total			+80.36K		$281.25K

Derivative Transactions1

Warrants

Indirect

M · Option Exercise

Converts to

Common

80.36K shares

+80.36K

Strike price

3.50

Held after

0.00

Exercisable

—

8/27/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Warrants Indirect	Common80.36K shares	8/27/2021	M · Option Exercise	+80.36K	3.50	—	0.00

Non-Derivative Holdings (Post-Transaction)5

Common Shares

Indirect

Shares owned17.86K

Common Shares

Indirect

Shares owned28.57K

Common Shares

Indirect

Shares owned804.85K

Common Shares

Indirect

Shares owned17.86K

Common Shares

Direct

Shares owned1.14M

Total

1.14M direct·869.14K indirect2.01M

Security Title	Shares Owned	Ownership Type
Common Shares	17.86K	Indirect
Common Shares	28.57K	Indirect
Common Shares	804.85K	Indirect
Common Shares	17.86K	Indirect
Common Shares	1.14M	Direct
Total	2.01M	1.14M direct·869.14K indirect

Derivative Holdings (Post-Transaction)10

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

5.25

Expiration

—

Exercise window

—

Warrants

Indirect

Underlying security

Common

Underlying shares

285.71K

Shares owned

285.71K

Exercise price

4.55

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common

Underlying shares

85.71K

Shares owned

100K

Exercise price

5.25

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common

Underlying shares

28.57K

Shares owned

157.14K

Exercise price

2.59

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common

Underlying shares

14.29K

Shares owned

114.29K

Exercise price

3.50

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common

Underlying shares

14.29K

Shares owned

128.57K

Exercise price

3.50

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common

Underlying shares

100K

Shares owned

257.15K

Exercise price

20.00

Expiration

—

Exercise window

—

Warrants

Indirect

Underlying security

Common

Underlying shares

342.86K

Shares owned

342.86K

Exercise price

4.20

Expiration

—

Exercise window

—

Warrants

Indirect

Underlying security

Common

Underlying shares

285.71K

Shares owned

0.00

Exercise price

4.55

Expiration

—

Exercise window

—

Total

Underlying

1.25M

Owned

1.48M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Warrants Indirect	Common	3.50	—	—	80.36K	80.36K
Stock Options Direct	Common	5.25	—	—	14.29K	14.29K
Warrants Indirect	Common	4.55	—	—	285.71K	285.71K
Stock Options Direct	Common	5.25	—	—	85.71K	100K
Stock Options Direct	Common	2.59	—	—	28.57K	157.14K
Stock Options Direct	Common	3.50	—	—	14.29K	114.29K
Stock Options Direct	Common	3.50	—	—	14.29K	128.57K
Stock Options Direct	Common	20.00	—	—	100K	257.15K
Warrants Indirect	Common	4.20	—	—	342.86K	342.86K
Warrants Indirect	Common	4.55	—	—	285.71K	0.00
Total					1.25M	1.48M