Jean Botti - 02 May 2023 Form 4 Insider Report for Workhorse Group Inc. (WKHS)

Role: Director
Signature: Arthur McMahon, attorney-in-fact for Jean Botti
Issuer symbol: WKHS
Transactions as of: 02 May 2023
Net transactions value: +$100,000
Form type: 4
Filing time: 05 May 2023, 14:50:18 UTC
Next filing: 23 Feb 2024
SEC: View on sec.gov

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	$100,000	+111,982		$0.8930	111,982	02 May 2023	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 common stock granted by Workhorse Group Inc. (the "Company") in connection with the reporting person's election as a new director of the Company. The awarded shares were granted under a Restricted Stock Award Agreement and vest on November 2, 2023. 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 1, 2023.

Content

Represents shares of common stock granted by Workhorse Group Inc. (the "Company") in connection with the reporting person's election as a new director of the Company. The awarded shares were granted under a Restricted Stock Award Agreement and vest on November 2, 2023. 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 1, 2023.