Anthony Furey - May 21, 2021 Form 4 Insider Report for Workhorse Group Inc. (WKHS)

Role
Vice President-Finance
Signature
/s/ Anthony Furey
Stock symbol
WKHS
Transactions as of
May 21, 2021
Transactions value $
-$569,448
Form type
4
Date filed
7/6/2021, 05:10 PM
Next filing
Sep 22, 2021

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 Tax liability -$543K -34.7K -19.6% $15.64* 142K Jul 1, 2021 Direct F1
transaction WKHS Common Stock, $0.001 par value per share Tax liability -$26.1K -3.09K -1.71% $8.46* 177K May 21, 2021 Direct F2
holding WKHS Common Stock, $0.001 par value per share 38.2K May 21, 2021 Shares held by Fastnet Advisors, LLC. Mr. Furey is the owner and manager of Fastnet Advisors, LLC.
* 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 relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, restricted shares 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 July 1, 2021.
F2 Represents shares of common stock relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, restricted shares 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 May 21, 2021.