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Workhorse Group Inc. — Director's Dealing 2017
May 23, 2017
34980_dirs_2017-05-23_ae46d17c-2f62-4958-94b6-334062d64833.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Workhorse Group Inc. (WKHS)
CIK: 0001425287
Period of Report: 2017-05-19
Reporting Person: Rodriguez Julio C. (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-19 | Stock Options | $5.28 | A | 12500 | Acquired | 2027-05-19 | Common Stock, Par Value $0.001 (12500) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Options | $7.21 | 2021-08-16 | Common Stock, Par Value $0.001 (22000) | 22000 | Direct |
| Stock Options | $4.99 | 2021-02-03 | Common Stock, Par Value $0.001 (25000) | 25000 | Direct |
| Stock Options | $1.75 | 2020-08-11 | Common Stock (25000) | 25000 | Direct |
| Stock Options | $1.50 | 2019-12-18 | Common Stock (15000) | 15000 | Direct |
| Stock Options | $0.10 | 2019-06-30 | Common Stock (73433) | 73433 | Direct |
| Stock Options | $4.00 | 2018-08-07 | Common Stock (30000) | 30000 | Direct |
Footnotes
F1: 6,250 of the options vested on February 3, 2016 and an additional 6,250 will vest every six months thereafter.
F2: 5,500 of the options vested on August 16, 2016 and an additional 5,500 will vest every six months thereafter.
F3: Subject to the Company adopting an equity incentive plan and increasing its authorized shares of common stock, Workhorse Group Inc. granted stock options exercisable at $5.28 per share to Mr. Rodriguez to acquire 200,000 shares of common stock of the Company which are exercisable for a period of ten years. The Stock Options vest in 16 equal quarterly tranches of 12,500 shares commencing June 30, 2017.