Sec Form 4 Filing - Dietrich Isaac @ Greenwave Technology Solutions, Inc. - 2021-12-16

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Dietrich Isaac
2. Issuer Name and Ticker or Trading Symbol
Greenwave Technology Solutions, Inc. [ MSRT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
Former Officer and Director
(Last) (First) (Middle)
C/O GREENWAVE TECHNOLOGY SOLUTIONS, INC., 277 SUBURBAN DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
12/16/2021
(Street)
SUFFOLK, VA23434
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Series C Convertible Preferred Stock ( 1 ) 12/16/2021 J( 2 ) 1,000 ( 1 ) ( 3 ) Common Stock 1,000,000( 1 )( 4 ) $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Dietrich Isaac
C/O GREENWAVE TECHNOLOGY SOLUTIONS, INC.
277 SUBURBAN DRIVE
SUFFOLK, VA23434
Former Officer and Director
Signatures
/s/ Isaac Dietrich 12/17/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Each share of Series C Convertible Preferred Stock (the "Series C Preferred Stock") was to automatically convert into 1,000,000 shares of the Issuer's common stock upon the earlier to occur of: (i) the listing the Issuer's securities on a national securities exchange and (ii) a Change in Control (as defined in the Certificate of Designations, Preferences and Rights of the Series C Preferred Stock) of the Issuer. If there was no listing on a national securities exchange and if there is no Change in Control, the Series C Preferred Stock would not have converted into shares of the Issuer's common stock.
( 2 )On December 16, 2021, Mr. Dietrich forfeited his 1,000 shares of Series C Preferred Stock for no consideration.
( 3 )The Series C Preferred Stock was perpetual and therefore had no expiration date.
( 4 )Collectively, the shares of Series C Preferred Stock were entitled to cast such number of votes equal to 40% of the issued and outstanding shares of common stock of the Issuer.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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