Key facts
- This page summarizes Brandon Torres Declet's Form 4 filing for Workhorse Group Inc. (WKHS).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 16 May 2024, 19:32.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Options Exercise
Disposed to Issuer
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Options Exercise
Additional SEC filing notes
Footnote 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. Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. 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.
Footnote F2
Pursuant to the terms of the Award Agreement, all of the RSUs that vested were settled in cash.
Footnote F3
Reflects the removal of 315,457 RSUs that were originally reported as common stock and were subsequently reported as derivatives by amendment.