Workhorse Group Inc. - Director's Dealing 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Workhorse Group Inc. (WKHS)
CIK: 0001425287
Period of Report: 2019-11-06

Reporting Person: Budde Gerald B. (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-06	Common Stock, $0.001 par value per share	A	71713	$2.51	Acquired	191405	Direct

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$7.01	2020-12-17	Common Stock, Par Value $0.001 (50000)	50000	Direct
Stock Options	$7.21	2021-08-16	Common Stock, Par Value $0.001 (10000)	10000	Direct

F1: 10,000 of the options vested on December 17, 2015 and 4,000 shall vest every six (6) months thereafter on June 30 and December 31.

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

F3: 35,856 of the securities vest on May 6, 2020 and an additional 11,952 shall vest every six months thereafter.