HARLEY-DAVIDSON, INC. — Director's Dealing 2022

Sep 26, 2022

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: LiveWire Group, Inc. (LVWR)
CIK: 0001898795
Period of Report: 2022-09-26

Reporting Person: ElectricSoul, LLC (10% Owner)
Reporting Person: Harley-Davidson Motor Co Group, LLC (10% Owner)
Reporting Person: HARLEY-DAVIDSON, INC. (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	181000000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Earn-Out Rights	$0.00		Common Stock (12500000)		Direct

Footnotes

F1: ElectricSoul, LLC ("ElectricSoul") is the record holder of the securities reported herein. ElectricSoul is a direct, wholly owned subsidiary of Harley-Davidson Motor Company Group, LLC ("HDMCG"), which, in turn, is a wholly owned subsidiary of Harley-Davidson, Inc. ("H-D"). By reason of their relationships, HDMCG and H-D may be deemed to share the power to vote or to direct the vote and to dispose or direct the disposition of the securities held by ElectricSoul and may be deemed to have shared beneficial ownership of the securities held directly by ElectricSoul.

F2: Each earn-out right represents a contingent right to receive one share of Common Stock, which will vest as to 50% of the underlying shares if the if the volume-weighted average price ("VWAP") of the Common Stock is greater than or equal to $14.00 over any 20 trading days within any 30 consecutive trading day period, and as to the remaining shares if the VWAP of the Common Stock is greater than or equal to $18.00 over any 20 trading days within any 30 consecutive trading-day period in each case, during a period beginning 18 months from September 26, 2022 and expiring five years thereafter.