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Workhorse Group Inc. Director's Dealing 2016

Dec 22, 2016

34980_dirs_2016-12-22_319d2fd7-fd18-4d33-ae0e-619670a8515c.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Workhorse Group Inc. (WKHS)
CIK: 0001425287
Period of Report: 2016-08-01

Reporting Person: Hughes Duane (President/COO)

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options $1.75 2020-08-03 Common Stock, Par Value $0.001 (20000) Direct
Stock Options $4.99 2021-02-03 Common Stock, Par Value $0.001 (20000) Direct
Stock Options $7.21 2021-08-16 Common Stock, Par Value $0.001 (22000) Direct

Footnotes

F1: 5,000 of the options vested on August 3, 2015 and 5,000 shall vest every six (6) months thereafter.

F2: 5,000 of the options vested on February 2, 2016 and 5,000 shall vest every six (6) months thereafter.

F3: 5,500 of the options vested on August 16, 2016 and an additional 5,500 will vest every six months thereafter.