4//SEC Filing
Ackerson Gregory T. 4
Accession 0001425287-22-000015
CIK 0001425287other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 5:50 PM ET
Size
7.7 KB
Accession
0001425287-22-000015
Insider Transaction Report
Form 4
Ackerson Gregory T.
Interim CFO and Controller
Transactions
- Award
Common Stock, $0.001 par value per share
2022-02-23$3.03/sh+69,307$210,000→ 177,991 total - Award
Performance Share Units
2022-02-23+14,851.5→ 14,851.5 totalExp: 2024-12-31→ Common Stock, $0.001 par value per share (14,851.5 underlying)
Footnotes (2)
- [F1]Represents shares of common stock granted by Workhorse Group Inc. (the "Company") under a Restricted Stock Award Agreement vesting in equal amounts over a three year period in one year intervals beginning on February 23, 2023, less shares 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 February 22, 2022.
- [F2]Each Performance Share Unit represents a contingent right to receive either one share of common stock of the Company or an equivalent cash value. Between 0% to 200% of the reported shares will vest based on the Company's performance compared to certain peer issuers, measured by the total return to shareholders over a performance period ending on December 31, 2024.
Documents
Issuer
Workhorse Group Inc.
CIK 0001425287
Entity typeother
Related Parties
1- filerCIK 0001794172
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 5:50 PM ET
- Size
- 7.7 KB