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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1425287	Workhorse Group Inc.	WKHS	Motor Vehicles & Passenger Car Bodies (3711)	261394771

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1685081	Duane Hughes	C/O Workhorse Group Inc. 100 Commerce Drive Loveland OH 45140	Ceo And President	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock, $0.001 Par Value Per Share	Disposition	2020-07-13	11,451	$17.16	347,589	No	4	S	Direct
Common Stock, $0.001 Par Value Per Share	Disposition	2020-07-13	40,516	$16.56	359,040	No	4	S	Direct
Common Stock, $0.001 Par Value Per Share	Disposition	2020-07-13	10,546	$15.67	399,556	No	4	S	Direct
Common Stock, $0.001 Par Value Per Share	Disposition	2020-07-13	7,487	$16.48	410,102	No	4	F	Direct
Common Stock, $0.001 Par Value Per Share	Acquisiton	2020-07-13	20,000	$1.75	417,589	No	4	M	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	F	Direct
No	4	M	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, $0.001 Par Value Per Share	Stock Options	Acquisiton	2020-07-13	20,000	$1.75	20,000	$1.75

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2015-08-03	2020-08-03	No	4	M	Direct

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock, $0.001 Par Value Per Share	Stock Options	$0.97	2019-03-31	2024-02-04	1,000,000	1,000,000	Direct
Common Stock, $0.001 Par Value Per Share	Stock Options	$0.97	2019-02-04	2024-02-04	50,000	50,000	Direct
Common Stock, $0.001 Par Value Per Share	Stock Options	$5.28	2017-06-30	2027-05-19	400,000	400,000	Direct
Common Stock, $0.001 Par Value Per Share	Stock Options	$7.21	2016-08-16	2021-08-16	22,000	22,000	Direct
Common Stock, $0.001 Par Value Per Share	Stock Options	$4.99	2016-02-03	2021-02-03	25,000	25,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2024-02-04	1,000,000	1,000,000	Direct
2024-02-04	50,000	50,000	Direct
2027-05-19	400,000	400,000	Direct
2021-08-16	22,000	22,000	Direct
2021-02-03	25,000	25,000	Direct

Footnotes

The sales reported on this Form 4 were effected pursuant to a Rule 10b-5 trading plan.
The options vested in full on November 6, 2019.
Options shall become exercisable in twelve (12) equal quarterly installments of 83,333 commencing on March 31, 2019.
5,500 of the options vested on each of August 16, 2016, February 16, 2017, August 16, 2017 and February 16, 2018.
Workhorse Group Inc. granted stock options exercisable at $5.28 per share to Mr. Hughes to acquire 400,000 shares of common stock of the Company which are exercisable for a period of ten years. The Stock Options vest in 16 equal quarterly tranches of 25,000 shares commencing June 30, 2017.
Represents the exercise of a stock option pursuant to which the Reporting Person received an aggregate of 20,000 shares by means of a cashless exercise. A cashless exercise is a method of exercising a stock option in which the option holder pays the exercise price to Workhorse Group Inc. using shares of common stock the Reporting Person would have received pursuant to the option exercise. As a result of this cashless exercise, the Reporting Person, on a net basis, acquired ownership of a net amount of 12,513 shares of common stock.