Workhorse Group Inc. — Director's Dealing 2020

Aug 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Workhorse Group Inc. (WKHS)
CIK: 0001425287
Period of Report: 2020-08-18

Reporting Person: Samuels H. Benjamin (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-20	Common Stock, $0.001 par value per share	X	95254	$5.28	Acquired	645419	Indirect
2020-08-20	Common Stock, $0.001 par value per share	X	285071	$5.28	Acquired	550165	Indirect
2020-08-18	Common Stock, $0.001 par value per share	S	300000	$16.54	Disposed	265094	Indirect
2020-08-18	Common Stock, $0.001 par value per share	S	100000	$16.62	Disposed	565094	Indirect
2020-08-18	Common Stock, $0.001 par value per share	S	100000	$16.80	Disposed	665094	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-08-20	Common Stock Purchase Warrant	$5.28	X	95254	Disposed	2020-11-07	Common Stock, $0.001 par value per share (95254.0)	Indirect
2020-08-20	Common Stock Purchase Warrant	$5.28	X	285071	Disposed	2020-11-07	Common Stock, $0.001 par value per share (285071.0)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.001 par value per share	533701	Direct
Common Stock, $0.001 par value per share	420964	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$7.21	2021-08-15	Common Stock, $0.001 par value per share (10000.0)	10000	Direct
Stock Options	$7.01	2020-12-17	Common Stock, $0.001 par value per share (50000.0)	50000	Direct

Footnotes

F1: The securities are held by the Samuels 2012 Children's Trust UAD 10/28/12. H. Benjamin Samuels, a director of Workhorse Group Inc., is a trustee and beneficiary of Samuels 2012 Children's Trust UAD 10/28/12.

F2: The shares of common stock are held by the Marci Rosenberg 2012 Family Trust. Marci Rosenberg is the trustee of such trust. Mrs. Rosenberg is the wife of H. Benjamin Samuels, a director of Workhorse Group Inc.