Workhorse Group Inc. 4
4 · Workhorse Group Inc. · Filed Sep 26, 2016
Insider Transaction Report
Form 4
Budde Gerald B.
Director
Transactions
- Award
Stock Options
2016-08-16$7.21/sh+10,000$72,100→ 10,000 totalExercise: $7.21From: 2016-08-16Exp: 2021-08-16→ Common Stock, Par Value $0.001 (10,000 underlying)
Holdings
- 25,000
Common Stock Purchase Warrant
Exercise: $1.50From: 2014-05-28Exp: 2017-05-28→ Common Stock, Par Value $0.001 (25,000 underlying) - 50,000
Common Stock, $0.001 par value per share
- 50,000
Stock Options
Exercise: $7.01From: 2015-12-17Exp: 2020-12-17→ Common Stock, Par Value $0.001 (50,000 underlying)
Footnotes (3)
- [F1]10,000 of the options vested on December 17, 2015 and 4,000 shall vest every six (6) months thereafter.
- [F2]On May 28, 2015, Mr. Budde acquired a Stock Purchase Warrant to acquire 25,000 shares of common stock.
- [F3]2,500 of the options vested on August 16, 2016 and an additional 2,500 will vest every six months thereafter.