Gerald B. Budde - 23 Feb 2022 Form 4/A - Amendment Insider Report for Workhorse Group Inc. (WKHS)

Role
Director
Signature
/s/ Arthur McMahon, attorney-in-fact for Gerald B. Budde
Issuer symbol
WKHS
Transactions as of
23 Feb 2022
Net transactions value
+$99,999
Form type
4/A - Amendment
Filing time
29 Mar 2022, 14:19:52 UTC
Date Of Original Report
25 Feb 2022
Next filing
24 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WKHS Common Stock, $0.001 par value per share Award $99,999 +33,003 +34% $3.03 131,324 23 Feb 2022 Direct F1
holding WKHS Common Stock, $0.001 par value per share 119,692 23 Feb 2022 See Footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock granted by Workhorse Group Inc. (the "Company") under a Restricted Stock Award Agreement vesting on August 23, 2022. The original Form 4 reported an incorrect vesting date. 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 February 22, 2022.
F2 Securities held by the Gerald B. Budde Living Trust dated September 8, 2004. Gerald Budde is the trustee of such trust.