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Workhorse Group Inc. Director's Dealing 2011

Jun 1, 2011

34980_dirs_2011-06-01_b1c2340d-7e38-4782-becf-cebc08e3e8c4.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: AMP Holding Inc. (AMPD)
CIK: 0001425287
Period of Report: 2010-10-11

Reporting Person: Taylor James (Director, CEO and Vice-Chairman)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options $0.68 2015-10-11 Common Stock,Par Value $0.001 (325000) Direct
Stock Options $0.72 2020-12-08 Common Stock,Par Value $0.001 (1200000) Direct
Common Stock Purchase Warrant $2 2015-12-08 Common Stock,Par Value $0.001 (600000) Direct
Stock Options $0.6 2016-05-25 Common Stock, Par Value $0.001 (500000) Direct
Common Stock Purchase Warrant $2 2016-05-25 Common Stock, Par Value $0.001 (500000) Direct

Footnotes

F1: 75,000 of the options vested on October 10, 2010 and 50,000 shall vest every six (6) months thereafter.

F2: The 1,200,000 in stock options granted on December 28, 2010 vest in equal annual installments starting on the date of the grant and on the anniversary of the grant for two years thereafter and are exercisable for ten years from the grant date.

F3: The 500,000 in stock options granted on May 25, 2011 vest at the rate of 125,000 shares every six months commencing on the six month anniversary of the date of the Option.