0001628280-21-022631.txt : 20211109 0001628280-21-022631.hdr.sgml : 20211109 20211109184848 ACCESSION NUMBER: 0001628280-21-022631 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211105 FILED AS OF DATE: 20211109 DATE AS OF CHANGE: 20211109 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DAUCH RICHARD F CENTRAL INDEX KEY: 0001077696 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37673 FILM NUMBER: 211393709 MAIL ADDRESS: STREET 1: C/O SPARTAN MOTORS INC STREET 2: 1541 REYNOLDS ROAD CITY: CHARLOTTE STATE: MI ZIP: 48813 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 4 1 wf-form4_163650170941230.xml FORM 4 X0306 4 2021-11-05 0 0001425287 Workhorse Group Inc. WKHS 0001077696 DAUCH RICHARD F C/O WORKHORSE GROUP INC. 100 COMMERCE DRIVE LOVELAND OH 45140 1 1 0 0 Chief Executive Officer Common Stock, $0.001 par value per share 2021-11-05 4 A 0 750000 7.22 A 750000 D Performance Share Units 2021-11-05 4 A 0 250000 0 A 2024-12-31 Common Stock, $0.001 par value per share 250000.0 250000 D Represents (i) 500,000 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 six month intervals beginning on March 1, 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 and (ii) 250,000 shares of common stock granted by the Company under a Restricted Stock Award Agreement vesting in equal amounts over a three year period in six month intervals beginning on April 30, 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 November 4, 2021. Each Performance Share Unit represents a contingent right to receive one share of common stock of the Company. The 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, attorney-in-fact for Richard F. Dauch 2021-11-09