Filing Details
- Accession Number:
- 0001213900-17-010325
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-10-05 17:05:21
- Reporting Period:
- 2017-09-18
- Accepted Time:
- 2017-10-05 17:05:21
- SEC Url:
- Form 4 Filing
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 |
|---|---|---|---|---|---|---|---|
| 1607972 | Jr Theodore Joseph Lukens | C/O Workhorse Group Inc., 100 Commerce Drive Loveland, OH 45140 | No | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.001 Par Value Per Share | Acquisiton | 2017-09-18 | 781,248 | $3.20 | 6,970,283 | No | 4 | P | Indirect | See footnote |
| Common Stock, $0.001 Par Value Per Share | Acquisiton | 2017-09-18 | 6,189,035 | $0.00 | 6,189,035 | No | 4 | P | Indirect | See footnote |
| Common Stock, $0.001 Par Value Per Share | Disposition | 2017-09-18 | 2,697,147 | $0.00 | 0 | No | 4 | S | Indirect | See footnote |
| Common Stock, $0.001 Par Value Per Share | Disposition | 2017-09-18 | 3,491,888 | $0.00 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | See footnote |
| No | 4 | P | Indirect | See footnote |
| No | 4 | S | Indirect | See footnote |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.001 | Warrants | Acquisiton | 2017-09-18 | 585,936 | $0.00 | 585,936 | $3.80 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 585,936 | 2017-09-18 | 2022-09-18 | No | 4 | A | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock, $0.001 Par Value Per Share | 154,871 | Indirect | The Joe & Kim Lukens Foundation |
| Common Stock, $0.001 Par Value Per Share | 25,000 | Indirect | See footnote |
| Common Stock, $0.001 Par Value Per Share | 25,000 | Indirect | See footnote |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.001 | Common Stock Purchase Warrant | $5.28 | 2015-11-25 | 2020-11-25 | 571,429 | 571,429 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2020-11-25 | 571,429 | 571,429 | Direct |
Footnotes
- US Trust Company of Delaware Administrative Trustee of the Joe & Kim Lukens Dynasty Trust assigned 2,697,147 shares of common stock to New Era Capital Fund L.P. ("New Era") in exchange for 34.504% of New Era. New Era Capital LLC ("NEC") is the General Partner of New Era. Mr. Lukens is the managing member of NEC. Jospeh T. Lukens, Jr. assigned 3,491,888 shares of common stock to New Era in exchange for 44.672% of New Era.
- New Era acquired 781,248 shares of common stock and warrants to purchase 585,936 shares of common stock for a period of five years at an exercise price of $3.80 per share from the Company on September 18, 2017 for an aggregate purchase price of $2,499,993.60.
- Joseph T Lukens, Jr. and Gerald Budde, Co-Trustee of the Joseph T. Lukens, Jr. Irrevocable Trust for Nathan J. Lukens U/T/A Dated 2/23/2016
- Joseph T Lukens, Jr. and Gerald Budde, Co-Trustee of the Joseph T. Lukens, Jr. Irrevocable Trust for Roman E. Lukens U/T/A Dated 2/23/2016.
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