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Workhorse Group Inc. — Director's Dealing 2025
Jan 7, 2025
34980_dirs_2025-01-07_9a542a5c-2c03-4c58-9d5a-c4d3d0f9e87e.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: Workhorse Group Inc. (WKHS)
CIK: 0001425287
Period of Report: 2024-02-21
Reporting Person: GINNAN ROBERT M (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-21 | Restricted Stock Units | $ | A | 946372 | Acquired | Common Stock, $0.001 par value per share (946372) | Direct |
Footnotes
F1: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs previously granted subject to vesting. The stock price reflected in Table I Column 4 was determined based on fair market value as the closing trading price of the Company's common stock on the grant date.