X0306 4 2019-08-19 0 0001757715 Mohawk Group Holdings, Inc. MWK 0001406815 Petersen Greg C/O MOHAWK GROUP HOLDINGS, INC. 37 EAST 18TH STREET, 7TH FLOOR NEW YORK NY 10003 1 0 0 0 Common Stock 2019-08-19 4 A 0 28325 A 28325 D Stock Option (Right to Buy) 10.00 2019-08-19 4 D 0 28325 D 2029-06-12 Common Stock 28325 0 D Pursuant to an agreement by and between the Company and the Reporting Person, the Reporting Person's option to purchase shares of common stock was cancelled on August 19, 2019 in exchange for an award of 28,325 shares of restricted common stock under the Issuer's 2018 Equity Incentive Plan, subject to vesting. Comprised of 28,325 shares of restricted common stock granted pursuant to the Issuer's 2018 Equity Incentive Plan that are subject to vesting. 1/3rd of the number of shares of restricted common stock shall vest on June 12, 2020 and 1/24th of the number of shares of restricted common stock shall vest following each one month period thereafter, subject to the Reporting Person's continued service to the Issuer through each such vesting date. The cancelled option provided that 1/3rd of the number of shares subject to the option would vest on June 12, 2020 and 1/24th of the number of shares subject to the option would vest following each one month period thereafter, subject to the Reporting Person's continued service to the Issuer through each such vesting date. /s/ Joseph Risico, as attorney-in-fact for Greg Petersen 2019-08-21