BUDDE GERALD B.

PrivateCIK: 1655373
Location

LOVELAND, OH

BUDDE GERALD B. sold 18.9% of their position (50K shares) of WORKHORSE GROUP INC. on the open market

Open‑market sale worth $886.0K — a significant reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale
InsiderBUDDE GERALD B.CIK 1655373
IssuerWORKHORSE GROUP INC.CIK 1425287
Director
Since Feb 2019
-50K
Net shares
Net seller
$886.0K
Total sold
1
Open market trades
0B · 1S
3
Total transactions
50K acquired · 100K disposed
Non-Derivative Transactions2

Common Stock, $0.001 par value per share

Direct
S · Sale

Shares

50K

Price / share

$17.72

Trade value

$886K

% of position

18.9%
8/31/2020
264.05K214.05K

Common Stock, $0.001 par value per share

Direct
M · Option Exercise

Shares

+50K

Price / share

$7.01

Trade value

$350.50K

% of position

23.4%
8/31/2020
214.05K264.05K
Total

Net shares

+0.00

Net value

-$535.50K

Derivative Transactions1

Stock Options

Direct
M · Option Exercise
Converts to

Common Stock, $0.001 par value per share

50K shares

Shares

50K

Strike price

7.01

Held after

0.00

Exercisable

8/31/2020
Non-Derivative Holdings (Post-Transaction)0
No non-derivative holdings reported
Derivative Holdings (Post-Transaction)1

Stock Options

Direct
Underlying security
Common Stock, $0.001 par value per share

Underlying shares

10K

Shares owned

10K

Exercise price

7.21

Expiration

Exercise window

Total

Underlying

10K

Owned

10K

BUDDE GERALD B. — Insider Transaction (Form 4) Filed Sep 2, 2020 | Finecho