Jean Botti - May 2, 2023 Form 4 Insider Report for Workhorse Group Inc. (WKHS)

Role: Director
Signature: Arthur McMahon, attorney-in-fact for Jean Botti
Stock symbol: WKHS
Transactions as of: May 2, 2023
Transactions value $: $100,000
Form type: 4
Date filed: 5/5/2023, 02:50 PM
Next filing: Feb 23, 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	+112K		$0.89	112K	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	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.