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GP GreenPower Motor

Filed: 4 May 21, 9:52pm
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Atkinson Fraser

(Last) (First) (Middle)
PENTHOUSE 2 - 141 WATER STREET

(Street)
VANCOUVER A1 V6B 1A7

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GREENPOWER MOTOR Co INC. [ GPV ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
CEO and Chairman
3. Date of Earliest Transaction (Month/Day/Year)
01/27/2021
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 1,107,051 D
Common Shares 01/27/2021 M 14,286 A $2.45(1) 1,121,337 D
Common Shares 02/23/2021 M 11,429 A $2.45(1) 1,132,766 D
Common Shares 04/30/2021 P 5,000 A $21.75(1) 1,137,766 D
Common Shares 28,571 I Atkinson Family Trust
Common Shares 804,854 I Koko Financial Services Ltd.
Common Shares 17,858 I H. Atkinson ITF RR Atkinson
Common Shares 17,858 I H. Atkinson ITF SS Atkinson
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options $2.45(1) 02/04/2016 02/04/2021 Common 14,286 14,286 D
Stock Options $2.45(1) 01/27/2021 M 14,286 02/04/2016 02/04/2021 Common 14,286 $2.45(1) 0 D
Stock Options $2.45(1) 05/06/2016 05/06/2021 Common 11,429 11,429 D
Stock Options $2.45 02/23/2021 M 11,429 05/06/2016 05/06/2021 Common 11,429 $2.45(1) 0 D
Stock Options $5.25(1) 02/02/2017 02/02/2022 Common 14,286 14,286 D
Stock Options $5.25(1) 05/26/2017 05/26/2022 Common 85,714 100,000 D
Stock Options $3.5(1) 05/04/2018 05/04/2023 Common 14,286 114,286 D
Stock Options $3.5(1) 02/12/2019 02/12/2024 Common 14,286 128,572 D
Stock Options $2.59(1) 01/30/2020 01/30/2025 Common 28,571 157,143 D
Stock Options $20 03/19/2021(2) 11/19/2025 Common 100,000 257,153 D
Warrants $4.55(1) 11/02/2018 06/29/2021 Common 285,714 285,714 D
Warrants $4.2(1) 03/14/2019 03/14/2022 Common 342,857 628,571 D
Warrants $3.5(1) 09/25/2017 09/25/2021 Common 80,357 80,357 I Koko Financial Services Ltd.
Explanation of Responses:
1. Canadian dollars
2. (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.
/s/ Fraser Atkinson 05/04/2021
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.