HUGHES DUANE

PrivateCIK: 1685081

Location

LOVELAND, OH

HUGHES DUANE (CEO and President) received a stock award from WORKHORSE GROUP INC.

Compensation award — not an open‑market transaction. Less informative as a directional signal.

A · 1 award

HUGHES DUANE

Filed: 5/26/2020ACC: 0001628280-20-008412

InsiderHUGHES DUANECIK 1685081

→

IssuerWORKHORSE GROUP INC.CIK 1425287

DirectorOfficer· CEO and President

Since Feb 2019

+179.25K

Net shares

Net buyer

$475.0K

Total acquired

0

Open market trades

0B · 0S

1

Total transactions

179.25K acquired

Non-Derivative Transactions1

Common Stock, $0.001 par value per share

Direct

A · Award

Shares

+179.25K

Price / share

$2.65

Trade value

$475K

% of position

75.0%

5/21/2020

239.04K→418.29K

Total

Net shares

+179.25K

Net value

$475K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, $0.001 par value per share Direct	5/21/2020	A · Award	+179.25K	$2.65	$475K	75.0%	239.04K	418.29K
Total			+179.25K		$475K

Derivative Transactions0

No derivative transactions reported

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)6

Stock Options

Direct

Underlying security

Common Stock, $0.001 par value per share

Underlying shares

1M

Shares owned

1M

Exercise price

0.97

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common Stock, $0.001 par value per share

Underlying shares

20K

Shares owned

20K

Exercise price

1.75

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common Stock, $0.001 par value per share

Underlying shares

400K

Shares owned

400K

Exercise price

5.28

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common Stock, $0.001 par value per share

Underlying shares

50K

Shares owned

50K

Exercise price

0.97

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common Stock, $0.001 par value per share

Underlying shares

22K

Shares owned

22K

Exercise price

7.21

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common Stock, $0.001 par value per share

Underlying shares

25K

Shares owned

25K

Exercise price

4.99

Expiration

—

Exercise window

—

Total

Underlying

1.52M

Owned

1.52M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Options Direct	Common Stock, $0.001 par value per share	0.97	—	—	1M	1M
Stock Options Direct	Common Stock, $0.001 par value per share	1.75	—	—	20K	20K
Stock Options Direct	Common Stock, $0.001 par value per share	5.28	—	—	400K	400K
Stock Options Direct	Common Stock, $0.001 par value per share	0.97	—	—	50K	50K
Stock Options Direct	Common Stock, $0.001 par value per share	7.21	—	—	22K	22K
Stock Options Direct	Common Stock, $0.001 par value per share	4.99	—	—	25K	25K
Total					1.52M	1.52M

HUGHES DUANE — Insider Transaction (Form 4) Filed May 26, 2020 | Finecho