Ackerson Gregory T. 4
4 · Workhorse Group Inc. · Filed May 4, 2023
Insider Transaction Report
Form 4
Ackerson Gregory T.
Interim CFO and Controller
Transactions
- Award
Performance Share Units
2023-05-02+18,565→ 18,565 totalFrom: 2024-12-31Exp: 2024-12-31→ Common Stock, $0.001 par value per share (18,565 underlying)
Footnotes (1)
- [F1]Represents Performance Share Units ("PSUs") granted to the reporting person on February 22, 2023, subject to stockholder approval of the Company's 2023 Long-Term Incentive Plan, which was obtained on May 2, 2023. Each PSU represents a contingent right to receive, at the Company's option, 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.