Home > Insider Trading > Filing (0001213900-19-002365)

Filing Details

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
1661669	Benjamin H. Samuels	C/O Workhorse Group Inc., 100 Commerce Drive Loveland OH 45140		Yes	No	No	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	2019-02-11	420,967	$0.95	439,349	No	4	P	Direct
Common Stock, $0.001 Par Value Per Share	Acquisiton	2019-02-11	420,967	$0.95	420,967	No	4	P	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct
No	4	P	Indirect	See Footnote

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock, $0.001 Par Value Per Share	762,532	Indirect	See Footnote

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock, Par Value	Common Stock Purchase Warrant	$5.28	2015-11-09	2020-11-09	237,467	237,467	Indirect
Common Stock, Par Value $0.001	Stock Options	$7.21	2016-08-16	2021-08-16	10,000	10,000	Direct
Common Stock, Par Value $0.001	Stock Options	$7.01	2015-12-17	2020-12-17	50,000	50,000	Direct
Common Stock, Par Value $0.001	Common Stock Purchase Warrant	$5.28	2015-12-04	2020-12-04	142,857	142,857	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2020-11-09	237,467	237,467	Indirect
2021-08-16	10,000	10,000	Direct
2020-12-17	50,000	50,000	Direct
2020-12-04	142,857	142,857	Indirect

Footnotes

10,000 of the options vested on December 17, 2015 and 4,000 shall vest every six (6) months thereafter on June 30 and December 31.
On November 9, 2015, Samuels 2012 Children's Trust UAD 10/28/12 (the "Trust") acquired a Stock Purchase Warrant to acquire 428,571 shares of common stock (the "Initial Warrant"). On December 4, 2015, the Trust acquired a Stock Purchase Warrant to acquire 142,857 shares of common stock. On January 5, 2016, convertible notes held by the Trust were automatically converted into 571,429 shares of common stock. Further, on September 14, 2016, the Trust exercised the Initial Warrant and received 143,500 shares of common stock for a purchase price of $757,680 or $5.28 per share and on November 18, 2016 the Trust exercised the Initial Warrant and received 47,604 shares of common stock for a purchase price of $251,349 or $5.28 per share.
H. Benjamin Samuels is a trustee and beneficiary of the Trust
2,500 of the options vested on August 16, 2016 and an additional 2,500 will vest every six months thereafter.
On February 11, 2019, the Marci Rosenberg 2012 Family Trust acquired 420,967 shares of common stock. Marci Rosenberg is the trustee of such trust. Mr. Rosenberg is the wife of H. Benjamin Samuels, a director of the Company.