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Workhorse Group Inc. Director's Dealing 2017

Jan 17, 2017

34980_dirs_2017-01-17_2b238ae3-a300-4b6f-9249-1ed953c5640c.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: 2010-05-12

Reporting Person: Burns Stephen S. (Director, CEO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-08-16 Stock Options $7.21 A 35000 Acquired 2021-08-16 Common Stock, Par Value $0.001 (35000) Direct
2016-08-16 Stock Options $7.21 A 10000 Acquired 2021-08-16 Common Stock, Par Value $0.001 (10000) Direct
2016-02-03 Stock Options $4.99 A 40000 Acquired 2021-02-03 Common Stock, Par Value $0.001 (40000) Direct
2010-05-12 Stock Options $4.00 A 60000 Acquired 2020-05-12 Common Stock, Par Value $0.001 (60000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
COMMON STOCK, $0.001 PAR VALUE 50000 Indirect
COMMON STOCK, $0.001 PAR VALUE 767337 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options $1.75 2020-08-03 Common Stock (50000) 50000 Direct
Stock Options $1.40 2019-12-18 Common Stock (50000) 50000 Direct
Stock Options $0.10 2019-06-30 Common Stock (281439) 281440 Direct
Common Stock Purchase Warrant $1.50 2017-05-28 Common Stock (29350) 29350 Direct
Stock Options $2.90 2018-03-15 Common Stock (40000) 40000 Direct
Stock Options $6.00 2018-05-25 Common Stock (50000) 50000 Direct
Stock Options $1.10 2018-12-04 Common Stock (30000) 30000 Direct
Stock Options $7.20 2020-12-08 Common Stock (30000) 30000 Direct

Footnotes

F1: 10,000 of the options vested on February 3, 2016 and an additional 10,000 will vest every six months thereafter.

F2: 2,500 of the options vested on August 16, 2016 and an additional 2,500 will vest every six months thereafter.

F3: 8,750 of the options vested on August 16, 2016 and an additional 8,750 will vest every six months thereafter.

F4: 20,000 of the options vested on May 12, 2010 and the remaining 40,000 shares became exercisable in eight (8) equal installments of 5,000 shares at the end of every quarter commencing June 30, 2010.