Michael L. Clark - May 2, 2023 Form 4 Insider Report for Workhorse Group Inc. (WKHS)

Role: Director
Signature: /s/ Arthur McMahon, attorney-in-fact for Michael Laurence Clark
Stock symbol: WKHS
Transactions as of: May 2, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/4/2023, 04:13 PM
Previous filing: Feb 24, 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	Disposed to Issuer	$0	-24.8K	-17.55%	$0.00	116K	May 2, 2023	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 22, 2023, Workhorse Group Inc. (the "Company") granted to the reporting person 49,505 shares of restricted stock under an Award Agreement, which were scheduled to vest based in part based on the reporting person's continued service as a director of the Company, or pro rata in the event that the reporting person ceased being a director of the Company by reason of death, disability or not standing for re-election. The reporting person's service as a director ended on May 2, 2023, and pursuant to the Award Agreement, the reporting person forfeited half of the awarded shares to the Company.

Content

On February 22, 2023, Workhorse Group Inc. (the "Company") granted to the reporting person 49,505 shares of restricted stock under an Award Agreement, which were scheduled to vest based in part based on the reporting person's continued service as a director of the Company, or pro rata in the event that the reporting person ceased being a director of the Company by reason of death, disability or not standing for re-election. The reporting person's service as a director ended on May 2, 2023, and pursuant to the Award Agreement, the reporting person forfeited half of the awarded shares to the Company.