March Stanley Raymond 4
4 · Workhorse Group Inc. · Filed Feb 23, 2024
Insider Transaction Report
Form 4
March Stanley Raymond
VP, Corporate Development
Transactions
- Award
Common Stock, $0.001 par value per share
2024-02-21$0.32/sh+473,186$150,000→ 673,110 total
Holdings
- 67,000(indirect: By IRA)
Common Stock, $0.001 par value per share
Footnotes (1)
- [F1]Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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 the grant date.