UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Options (1) | 08/03/2015(1) | 08/03/2020 | Common Stock, Par Value $0.001 | 20,000 | $ 1.75 | D | |
Stock Options (2) | 02/03/2016(2) | 02/03/2021 | Common Stock, Par Value $0.001 | 20,000 | $ 4.99 | D | |
Stock Options (3) | 08/16/2016(3) | 08/16/2021 | Common Stock, Par Value $0.001 | 22,000 | $ 7.21 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Hughes Duane C/O WORKHORSE GROUP INC. 100 COMMERCE DRIVE LOVELAND, OH 45140 |
President/COO |
/s/ Duane Hughes | 12/22/2016 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | 5,000 of the options vested on August 3, 2015 and 5,000 shall vest every six (6) months thereafter. |
(2) | 5,000 of the options vested on February 2, 2016 and 5,000 shall vest every six (6) months thereafter. |
(3) | 5,500 of the options vested on August 16, 2016 and an additional 5,500 will vest every six months thereafter. |