Jacqueline Dedo - Feb 21, 2024 Form 4/A Insider Report for Workhorse Group Inc. (WKHS)

Role
Director
Signature
/s/ Arthur McMahon, attorney-in-fact for Jacqueline A. Dedo
Stock symbol
WKHS
Transactions as of
Feb 21, 2024
Transactions value $
$100,000
Form type
4/A
Date filed
4/23/2024, 06:33 PM
Date Of Original Report
Feb 23, 2024
Previous filing
Dec 29, 2023
Next filing
May 28, 2024

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 $100K +315K +209.71% $0.32 466K Feb 21, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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"), vesting on August 21, 2024. If the reporting person is no longer a director of the Company on August 21, 2024 by reason of death, disability, or not standing for re-election, the RSUs will vest pro rata based on the number of board meetings attended by the grantee in 2024, as compared to the total number of scheduled board meetings in 2024 between the grant date and the six-month anniversary thereof. 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.

Remarks:

The original Form 4 filed on February 23, 2024 included the registrant's name in Box 1 instead of the reporting person's.