4//SEC Filing
Workhorse Group Inc. 4
Accession 0001213900-16-019276
$WKHSCIK 0001425287operating
Filed
Dec 8, 7:00 PM ET
Accepted
Dec 9, 5:00 PM ET
Size
10.6 KB
Accession
0001213900-16-019276
Insider Transaction Report
Form 4
Budde Gerald B.
Director
Transactions
- Exercise of In-Money
Common Stock Purchase Warrant
2016-11-18−25,000→ 0 total(indirect: See footnote)Exercise: $1.50From: 2014-05-28Exp: 2017-05-28→ Common Stock, Par Value $0.001 (0 underlying) - Exercise of In-Money
Common Stock, $0.001 par value per share
2016-11-18$37500.00/sh+25,000$937,500,000(indirect: See Footnote)
Holdings
- 50,000
Stock Options
Exercise: $7.01From: 2015-12-17Exp: 2020-12-17→ Common Stock, Par Value $0.001 (50,000 underlying) - 10,000
Stock Options
Exercise: $7.21From: 2016-08-16Exp: 2021-08-16→ Common Stock, Par Value $0.001 (10,000 underlying)
Footnotes (3)
- [F1]On November 18, 2016, the Gerald B. Budde Living Trust dated September 8, 2004 exercised a common stock purchase warrant to acquire 25,000 shares of common stock at an exercise price of $1.50 per share. Gerald Budde is the trustee of such trust.
- [F2]10,000 of the options vested on December 17, 2015 and 4,000 shall vest every six (6) months thereafter on June 30 and December 31.
- [F3]2,500 of the options vested on August 16, 2016 and an additional 2,500 will vest every six months thereafter.
Documents
Issuer
Workhorse Group Inc.
CIK 0001425287
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001425287
Filing Metadata
- Form type
- 4
- Filed
- Dec 8, 7:00 PM ET
- Accepted
- Dec 9, 5:00 PM ET
- Size
- 10.6 KB