DeMott Harry 4
4 · Workhorse Group Inc. · Filed Feb 24, 2023
Insider Transaction Report
Form 4
DeMott Harry
Director
Transactions
- Award
Common Stock, $0.001 par value per share
2023-02-22$2.02/sh+49,505$100,000→ 82,508 total
Footnotes (1)
- [F1]Represents shares of common stock granted by Workhorse Group Inc. (the "Company") under a Restricted Stock Award Agreement, vesting on August 22, 2023; provided, if the reporting person is no longer a director of the Company on August 23, 2023 by reason of death, disability, or not standing for re-election, will vest pro rata based on the number of board meetings attended by the grantee in 2023 as compared to the total number of scheduled board meetings in 2023 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 trading day immediately prior to the grant date.