Gregory T. Ackerson - 01 Jul 2021 Form 4 Insider Report for Workhorse Group Inc. (WKHS)

Role
Controller
Signature
/s/ Gregory T. Ackerson
Issuer symbol
WKHS
Transactions as of
01 Jul 2021
Net transactions value
-$223,652
Form type
4
Filing time
06 Jul 2021, 17:04:40 UTC
Next filing
22 Sep 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 $223,652 -14,300 -12% $15.64* 102,863 01 Jul 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding WKHS Stock Options 10,000 01 Jul 2021 Common Stock, $0.001 par value per share 10,000 $1.19 Direct
* 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.