HUGHES DUANE

PrivateCIK: 1685081
Location

LOVELAND, OH

HUGHES DUANE (CEO and President) sold 6.9% of their position (25K shares) of WORKHORSE GROUP INC. on the open market

Open‑market sale worth $518.3K — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale
InsiderHUGHES DUANECIK 1685081
IssuerWORKHORSE GROUP INC.CIK 1425287
DirectorOfficer· CEO and President
Since Feb 2019
-25K
Net shares
Net seller
$518.3K
Total sold
1
Open market trades
0B · 1S
3
Total transactions
25K acquired · 50K disposed
Non-Derivative Transactions2

Common Stock, $0.001 par value per share

Direct
S · Sale

Shares

25K

Price / share

$20.73

Trade value

$518.25K

% of position

6.9%
1/4/2021
363.60K338.60K

Common Stock, $0.001 par value per share

Direct
M · Option Exercise

Shares

+25K

Price / share

$0.97

Trade value

$24.25K

% of position

7.4%
1/4/2021
338.60K363.60K
Total

Net shares

+0.00

Net value

-$494K

Derivative Transactions1

Stock Options

Direct
M · Option Exercise
Converts to

Common Stock, $0.001 par value per share

25K shares

Shares

25K

Strike price

0.97

Held after

925K

Exercisable

1/4/2021
Non-Derivative Holdings (Post-Transaction)0
No non-derivative holdings reported
Derivative Holdings (Post-Transaction)2

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

350K

Shares owned

350K

Exercise price

5.28

Expiration

Exercise window

Total

Underlying

400K

Owned

400K

HUGHES DUANE — Insider Transaction (Form 4) Filed Jan 6, 2021 | Finecho