Workhorse Group Inc. - Director's Dealing 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Workhorse Group Inc. (WKHS)
CIK: 0001425287
Period of Report: 2020-05-21

Reporting Person: Budde Gerald B. (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-21	Common Stock, $0.001 par value per share	A	22642	$2.65	Acquired	214047	Direct

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$7.01	2020-12-17	Common Stock, $0.001 par value per share (50000.0)	50000	Direct
Stock Options	$7.21	2021-08-16	Common Stock, $0.001 par value per share (10000.0)	10000	Direct

F1: Represents shares of common stock granted under a Restricted Stock Award Agreement vesting on the six month anniversary of the grant.

F2: 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.

F3: 2,500 of the options vested on August 16, 2016 and an additional 2,500 will vest every six months thereafter.