4//SEC Filing
Workhorse Group Inc. 4
Accession 0001213900-17-005773
$WKHSCIK 0001425287operating
Filed
May 22, 8:00 PM ET
Accepted
May 23, 5:03 PM ET
Size
22.9 KB
Accession
0001213900-17-005773
Insider Transaction Report
Form 4
Burns Stephen S.
DirectorCEO,CFO, Treasurer & Secretary10% Owner
Transactions
- Award
Stock Options
2017-05-19$5.28/sh+62,500$330,000→ 62,500 totalExercise: $5.28From: 2017-06-30Exp: 2027-05-19→ Common Stock, Par Value $0.001 (62,500 underlying)
Holdings
- 50,000(indirect: Deborah Sue Burns)
COMMON STOCK, $0.001 PAR VALUE
- 767,337
COMMON STOCK, $0.001 PAR VALUE
- 10,000
Stock Options
Exercise: $7.21From: 2016-08-16Exp: 2021-08-16→ Common Stock, Par Value $0.001 (10,000 underlying) - 50,000
Stock Options
Exercise: $1.75From: 2015-08-03Exp: 2020-08-03→ Common Stock (50,000 underlying) - 281,440
Stock Options
Exercise: $0.10From: 2014-07-01Exp: 2019-06-30→ Common Stock (281,439 underlying) - 29,350
Common Stock Purchase Warrant
Exercise: $1.50From: 2014-05-28Exp: 2017-05-28→ Common Stock (29,350 underlying) - 40,000
Stock Options
Exercise: $2.90From: 2013-03-15Exp: 2018-03-15→ Common Stock (40,000 underlying) - 35,000
Stock Options
Exercise: $7.21From: 2016-08-16Exp: 2021-08-16→ Common Stock, Par Value $0.001 (35,000 underlying) - 40,000
Stock Options
Exercise: $4.99From: 2016-02-03Exp: 2021-02-03→ Common Stock, Par Value $0.001 (40,000 underlying) - 50,000
Stock Options
Exercise: $1.40From: 2014-12-19Exp: 2019-12-18→ Common Stock (50,000 underlying) - 50,000
Stock Options
Exercise: $6.00From: 2011-05-25Exp: 2018-05-25→ Common Stock (50,000 underlying) - 30,000
Stock Options
Exercise: $1.10From: 2010-12-04Exp: 2018-12-04→ Common Stock (30,000 underlying) - 30,000
Stock Options
Exercise: $7.20From: 2010-12-08Exp: 2020-12-08→ Common Stock (30,000 underlying) - 60,000
Stock Options
Exercise: $4.00From: 2010-05-12Exp: 2020-05-12→ Common Stock, Par Value $0.001 (60,000 underlying)
Footnotes (5)
- [F1]10,000 of the options vested on February 3, 2016 and an additional 10,000 will vest every six months thereafter.
- [F2]2,500 of the options vested on August 16, 2016 and an additional 2,500 will vest every six months thereafter.
- [F3]8,750 of the options vested on August 16, 2016 and an additional 8,750 will vest every six months thereafter.
- [F4]20,000 of the options vested on May 12, 2010 and the remaining 40,000 shares became exercisable in eight (8) equal installments of 5,000 shares at the end of every quarter commencing June 30, 2010.
- [F5]Subject to the Company adopting an equity incentive plan and increasing its authorized shares of common stock, Workhorse Group Inc. granted stock options exercisable at $5.28 per share to Mr. Burns to acquire 1,000,000 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 62,500 shares commencing June 30, 2017.
Documents
Issuer
Workhorse Group Inc.
CIK 0001425287
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0001425287
Filing Metadata
- Form type
- 4
- Filed
- May 22, 8:00 PM ET
- Accepted
- May 23, 5:03 PM ET
- Size
- 22.9 KB