0001425287-23-000004.txt : 20230106
0001425287-23-000004.hdr.sgml : 20230106
20230106170317
ACCESSION NUMBER: 0001425287-23-000004
CONFORMED SUBMISSION TYPE: 5
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221231
FILED AS OF DATE: 20230106
DATE AS OF CHANGE: 20230106
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Roraff Kerry
CENTRAL INDEX KEY: 0001917744
FILING VALUES:
FORM TYPE: 5
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37673
FILM NUMBER: 23515806
MAIL ADDRESS:
STREET 1: 100 COMMERCE STREET
CITY: LOVELAND
STATE: OH
ZIP: 45140
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Workhorse Group Inc.
CENTRAL INDEX KEY: 0001425287
STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711]
IRS NUMBER: 261394771
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 100 COMMERCE DRIVE
CITY: LOVELAND
STATE: OH
ZIP: 45140
BUSINESS PHONE: 513-360-4704
MAIL ADDRESS:
STREET 1: 100 COMMERCE DRIVE
CITY: LOVELAND
STATE: OH
ZIP: 45140
FORMER COMPANY:
FORMER CONFORMED NAME: AMP Holding Inc.
DATE OF NAME CHANGE: 20100525
FORMER COMPANY:
FORMER CONFORMED NAME: Title Starts Online, Inc.
DATE OF NAME CHANGE: 20080128
5
1
wf-form5_167304258239216.xml
FORM 5
X0306
5
2022-12-31
0
0
0
0001425287
Workhorse Group Inc.
WKHS
0001917744
Roraff Kerry
C/O WORKHORSE GROUP INC.
3600 PARK 42 DRIVE, SUITE 160E
SHARONVILLE
OH
45241
0
1
0
0
Chief Human Resources Officer
Common Stock, $0.001 par value per share
2022-02-21
5
A
0
50000
3.15
A
50000
D
Common Stock, $0.001 par value per share
2022-02-23
5
A
0
66997
3.03
A
116997
D
Common Stock, $0.001 par value per share
2022-08-21
5
F
0
2340
3.43
D
114657
D
Performance Share Units
2022-02-23
5
A
0
14356.50
0
A
2024-12-31
Common Stock, $0.001 par value per share
14356.5
14356.50
D
Represents shares of common stock granted by Workhorse Group Inc. (the "Company") under an Employment Agreement vesting in equal amounts over a three year period in six month intervals beginning on August 21, 2022, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, restricted shares previously granted subject to vesting. The stock price reflected in Table I Column 4 was determined based on fair market value as the closing trading price of the Company's common stock on the grant date.
Represents shares of common stock granted by Workhorse Group Inc. (the "Company") under a Restricted Stock Award Agreement vesting in equal amounts over a three year period in one year intervals beginning on February 23, 2023, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, restricted shares previously granted subject to vesting. The stock price reflected in Table I Column 4 was determined based on fair market value as the closing trading price of the Company's common stock on February 22, 2022.
Represents shares of common stock relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, restricted shares previously granted subject to vesting. The stock price reflected in Table I Column 4 was determined based on fair market value as of the closing trading price of the Company's common stock on the vesting date.
Each Performance Share Unit represents a contingent right to receive either one share of common stock of the Company or an equivalent cash value. Between 0% to 200% of the reported shares will vest based on the Company's performance compared to certain peer issuers, measured by the total return to shareholders over a performance period ending on December 31, 2024.
Arthur McMahon, III, attorney-in-fact for Kerry Roraff
2023-01-06