WKHS

SEC source: 0001425287-24-000033 · wk-form4_1708724310.xml · nonDerivative · entry 1

Botti Jean · CIK 0001976670 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 427,439

F1 · shares: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"), vesting on August 21, 2024. If the reporting person is no longer a director of the Company on August 21, 2024 by reason of death, disability, or not standing for re-election, the RSUs will vest pro rata based on the number of board meetings attended by the grantee in 2024, as compared to the total number of scheduled board meetings in 2024 between the grant date and the six-month anniversary thereof. 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.

SEC source: 0001425287-24-000039 · wk-form4_1708724464.xml · nonDerivative · entry 1

March Stanley Raymond · CIK 0001896024 · VP, Corporate Development

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 673,110

F1 · shares: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

SEC source: 0001425287-24-000035 · wk-form4_1708724352.xml · nonDerivative · entry 1

Anderson Joshua Joseph · CIK 0001886368 · Chief Technology Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 748,867

F1 · shares: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

SEC source: 0001425287-24-000030 · wk-form4_1708724244.xml · nonDerivative · entry 1

Mader Pamela S. · CIK 0001811389 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 418,470

F1 · shares: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"), vesting on August 21, 2024. If the reporting person is no longer a director of the Company on August 21, 2024 by reason of death, disability, or not standing for re-election, the RSUs will vest pro rata based on the number of board meetings attended by the grantee in 2024, as compared to the total number of scheduled board meetings in 2024 between the grant date and the six-month anniversary thereof. 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.

SEC source: 0001425287-24-000027 · wk-form4_1708724191.xml · nonDerivative · entry 1

Harrington James D. · CIK 0001463530 · General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,279,031

F1 · shares: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

SEC source: 0001425287-24-000040 · wk-form4_1708724519.xml · nonDerivative · entry 1

Workhorse Group Inc. · CIK 0001425287 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 465,885

F1 · shares: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"), vesting on August 21, 2024. If the reporting person is no longer a director of the Company on August 21, 2024 by reason of death, disability, or not standing for re-election, the RSUs will vest pro rata based on the number of board meetings attended by the grantee in 2024, as compared to the total number of scheduled board meetings in 2024 between the grant date and the six-month anniversary thereof. 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.

SEC source: 0001425287-24-000038 · wk-form4_1708724437.xml · nonDerivative · entry 1

Chess Raymond Joseph · CIK 0001593040 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 642,485

F1 · shares: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"), vesting on August 21, 2024. If the reporting person is no longer a director of the Company on August 21, 2024 by reason of death, disability, or not standing for re-election, the RSUs will vest pro rata based on the number of board meetings attended by the grantee in 2024, as compared to the total number of scheduled board meetings in 2024 between the grant date and the six-month anniversary thereof. 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.

SEC source: 0001425287-24-000037 · wk-form4_1708724417.xml · nonDerivative · entry 1

Gaul Ryan Wesley · CIK 0001661730 · President, Commercial Vehicles

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,085,897

F1 · shares: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

SEC source: 0001425287-24-000036 · wk-form4_1708724384.xml · nonDerivative · entry 2

Roraff Kerry · CIK 0001917744 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 659,957

F2 · shares: 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.

SEC source: 0001425287-24-000036 · wk-form4_1708724384.xml · nonDerivative · entry 1

Roraff Kerry · CIK 0001917744 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 662,782

F1 · shares: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

SEC source: 0001425287-24-000034 · wk-form4_1708724322.xml · nonDerivative · entry 1

Declet Brandon Torres · CIK 0001856287 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 427,439

F1 · shares: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"), vesting on August 21, 2024. If the reporting person is no longer a director of the Company on August 21, 2024 by reason of death, disability, or not standing for re-election, the RSUs will vest pro rata based on the number of board meetings attended by the grantee in 2024, as compared to the total number of scheduled board meetings in 2024 between the grant date and the six-month anniversary thereof. 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.

SEC source: 0001425287-24-000032 · wk-form4_1708724292.xml · nonDerivative · entry 1

Miller Austin Scott · CIK 0001928932 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 388,772

F1 · shares: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"), vesting on August 21, 2024. If the reporting person is no longer a director of the Company on August 21, 2024 by reason of death, disability, or not standing for re-election, the RSUs will vest pro rata based on the number of board meetings attended by the grantee in 2024, as compared to the total number of scheduled board meetings in 2024 between the grant date and the six-month anniversary thereof. 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.

SEC source: 0001425287-24-000029 · wk-form4_1708724223.xml · nonDerivative · entry 1

Graber John Wesley · CIK 0001407542 · President, Aerospace

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 722,420

F1 · shares: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

SEC source: 0001425287-24-000028 · wk-form4_1708724207.xml · nonDerivative · entry 1

GINNAN ROBERT M · CIK 0001189872 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,325,895

F1 · shares: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

SEC source: 0001425287-24-000026 · wk-form4_1708724169.xml · nonDerivative · entry 1

QUIGLEY WILLIAM G III · CIK 0001215201 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 397,965

F1 · shares: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"), vesting on August 21, 2024. If the reporting person is no longer a director of the Company on August 21, 2024 by reason of death, disability, or not standing for re-election, the RSUs will vest pro rata based on the number of board meetings attended by the grantee in 2024, as compared to the total number of scheduled board meetings in 2024 between the grant date and the six-month anniversary thereof. 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.

SEC source: 0001425287-24-000025 · wk-form4_1708724131.xml · nonDerivative · entry 1

Peters James · CIK 0001928934 · VP, Supply Chain Management

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 552,318

F1 · shares: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

SEC source: 0001425287-24-000080 · wk-form4a_1713911629.xml · nonDerivative · entry 1

DEDO JACQUELINE A · CIK 0001279383 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 465,885

F1 · shares: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"), vesting on August 21, 2024. If the reporting person is no longer a director of the Company on August 21, 2024 by reason of death, disability, or not standing for re-election, the RSUs will vest pro rata based on the number of board meetings attended by the grantee in 2024, as compared to the total number of scheduled board meetings in 2024 between the grant date and the six-month anniversary thereof. 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.

SEC source: 0001425287-24-000090 · wk-form4a_1715902181.xml · derivative · entry 1

Declet Brandon Torres · CIK 0001856287 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 315,457

Underlying: Common Stock, $0.001 par value per share · 315,457 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"), vesting on August 21, 2024. Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. If the reporting person is no longer a director of the Company on August 21, 2024 by reason of death, disability, or not standing for re-election, the RSUs will vest pro rata based on the number of board meetings attended by the grantee in 2024, as compared to the total number of scheduled board meetings in 2024 between the grant date and the six-month anniversary thereof. 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.

F1 · derivative.exercise_date: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"), vesting on August 21, 2024. Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. If the reporting person is no longer a director of the Company on August 21, 2024 by reason of death, disability, or not standing for re-election, the RSUs will vest pro rata based on the number of board meetings attended by the grantee in 2024, as compared to the total number of scheduled board meetings in 2024 between the grant date and the six-month anniversary thereof. 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.

F1 · derivative.expiration_date: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"), vesting on August 21, 2024. Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. If the reporting person is no longer a director of the Company on August 21, 2024 by reason of death, disability, or not standing for re-election, the RSUs will vest pro rata based on the number of board meetings attended by the grantee in 2024, as compared to the total number of scheduled board meetings in 2024 between the grant date and the six-month anniversary thereof. 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.

SEC source: 0001425287-24-000113 · wk-form4a_1725481647.xml · derivative · entry 1

DAUCH RICHARD F · CIK 0001077696 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 286,278

Underlying: Common Stock, $0.001 par value per share · 286,278 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

F2 · shares: On June 17, 2024, the Company effected a 1-for-20 reverse split of the Company's common stock, resulting in a reduction in the number of shares held by the reporting person. In addition, proportionate adjustments were made to the Company's outstanding equity awards. Accordingly, all amounts of securities reported in this Form 4 have been adjusted to reflect the 1-for-20 reverse split.

F1 · derivative.exercise_date: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

F1 · derivative.expiration_date: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

SEC source: 0001425287-24-000117 · wk-form4a_1726517912.xml · derivative · entry 1

Harrington James D. · CIK 0001463530 · General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 44,362

Underlying: Common Stock, $0.001 par value per share · 44,362 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

F2 · shares: On June 17, 2024, the Company effected a 1-for-20 reverse split of the Company's common stock, resulting in a reduction in the number of shares held by the reporting person. In addition, proportionate adjustments were made to the Company's outstanding equity awards. Accordingly, all amounts of securities reported in this Form 4 have been adjusted to reflect the 1-for-20 reverse split.

F1 · derivative.exercise_date: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

F1 · derivative.expiration_date: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

SEC source: 0001425287-24-000121 · wk-form4a_1727986071.xml · derivative · entry 1

Peters James · CIK 0001928934 · VP, Supply Chain Management

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,505

Underlying: Common Stock, $0.001 par value per share · 20,505 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

F2 · shares: On June 17, 2024, the Company effected a 1-for-20 reverse split of the Company's common stock, resulting in a reduction in the number of shares held by the reporting person. In addition, proportionate adjustments were made to the Company's outstanding equity awards. Accordingly, all amounts of securities reported in this Form 4 have been adjusted to reflect the 1-for-20 reverse split.

F1 · derivative.exercise_date: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

F1 · derivative.expiration_date: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

SEC source: 0001425287-24-000125 · wk-form4a_1729627909.xml · derivative · entry 1

Anderson Joshua Joseph · CIK 0001886368 · Chief Technology Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 24,606

Underlying: Common Stock, $0.001 par value per share · 24,606 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

F2 · shares: On June 17, 2024, the Company effected a 1-for-20 reverse split of the Company's common stock, resulting in a reduction in the number of shares held by the reporting person. In addition, proportionate adjustments were made to the Company's outstanding equity awards. Accordingly, all amounts of securities reported in this Form 4 have been adjusted to reflect the 1-for-20 reverse split.

F1 · derivative.exercise_date: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

F1 · derivative.expiration_date: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

SEC source: 0001425287-24-000135 · wk-form4a_1735338845.xml · derivative · entry 1

March Stanley Raymond · CIK 0001896024 · VP, Corporate Development

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 473,186

Underlying: Common Stock, $0.001 par value per share · 473,186 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

F1 · derivative.exercise_date: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

F1 · derivative.expiration_date: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

F2 · derivative.underlying_shares: On June 17, 2024, the Company effected a 1-for-20 reverse split of the Company's common stock, resulting in a reduction in the number of shares held by the reporting person. In addition, proportionate adjustments were made to the Company's outstanding equity awards. Accordingly, all amounts of securities reported in this Form 4 have been adjusted to reflect the 1-for-20 reverse split.

SEC source: 0001425287-25-000002 · wk-form4a_1736286346.xml · derivative · entry 1

GINNAN ROBERT M · CIK 0001189872 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 946,372

Underlying: Common Stock, $0.001 par value per share · 946,372 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

F1 · derivative.exercise_date: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

F1 · derivative.expiration_date: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

SEC source: 0001425287-25-000013 · wk-form4a_1740533902.xml · derivative · entry 1

Gaul Ryan Wesley · CIK 0001661730 · President, Commercial Vehicles

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 40,221

Underlying: Common Stock, $0.001 par value per share · 40,221 shares

Expires not disclosed

F1 · derivative.exercise_price: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

F1 · derivative.exercise_date: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

F1 · derivative.expiration_date: Represents shares of restricted stock units ("RSUs") granted to the reporting person. Each RSU represents a contingent right to receive one share of common stock of Workhorse Group Inc. (the "Company"). Upon vesting, the RSUs may be settled in cash at the discretion of the Company's Board of Directors or Compensation Committee. The RSUs vest in equal one-third increments over three years beginning on February 21, 2025, less shares relinquished to the Company by the reporting person out of, and to cover estimated tax withholding for, RSUs 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.

F2 · derivative.underlying_shares: On June 17, 2024, the Company effected a 1-for-20 reverse split of the Company's common stock, resulting in a reduction in the number of shares held by the reporting person. In addition, proportionate adjustments were made to the Company's outstanding equity awards. Accordingly, all amounts of securities reported in this Form 4 have been adjusted to reflect the 1-for-20 reverse split.

SEC source: 0001425287-24-000008 · wk-form4_1704489490.xml · nonDerivative · entry 1

GINNAN ROBERT M · CIK 0001189872 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 379,523

F1 · shares: 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.

SEC source: 0001425287-24-000005 · wk-form4_1704316764.xml · nonDerivative · entry 1

March Stanley Raymond · CIK 0001896024 · VP, Corporate Development

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 199,924

F1 · shares: Reflects shares of restricted stock withheld by the Issuer to satisfy tax obligations in connection with the Reporting Person becoming retirement eligible, which constitutes a deemed vesting for federal income tax purposes.

SEC source: 0001425287-24-000004 · wk-form4_1704316734.xml · nonDerivative · entry 1

Peters James · CIK 0001928934 · VP, Supply Chain Management

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 142,223

F1 · shares: Reflects shares of restricted stock withheld by the Issuer to satisfy tax obligations in connection with the Reporting Person becoming retirement eligible, which constitutes a deemed vesting for federal income tax purposes.

SEC source: 0001425287-24-000006 · wk-form4_1704316798.xml · nonDerivative · entry 1

Graber John Wesley · CIK 0001407542 · President, Aerospace

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 249,234

F1 · shares: Reflects shares of restricted stock withheld by the Issuer to satisfy tax obligations in connection with the Reporting Person becoming retirement eligible, which constitutes a deemed vesting for federal income tax purposes.

SEC source: 0001425287-23-000091 · wk-form4_1703886652.xml · nonDerivative · entry 1

Harrington James D. · CIK 0001463530 · General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 391,807

F1 · shares: 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.

SEC source: 0001628280-23-034945 · wk-form4_1698107728.xml · nonDerivative · entry 1

Gaul Ryan Wesley · CIK 0001661730 · President, Commercial Vehicles

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 281,481

F1 · shares: 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.

SEC source: 0001628280-23-034944 · wk-form4_1698107717.xml · nonDerivative · entry 1

Graber John Wesley · CIK 0001407542 · President, Aerospace

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 261,203

F1 · shares: 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.

SEC source: 0001628280-23-033489 · wk-form4_1696278218.xml · nonDerivative · entry 1

Peters James · CIK 0001928934 · VP, Supply Chain Management

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 148,472

F1 · shares: 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.

SEC source: 0001628280-23-032475 · wk-form4_1695069799.xml · nonDerivative · entry 1

Harrington James D. · CIK 0001463530 · General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 393,577

F1 · shares: 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.

SEC source: 0001628280-23-031423 · wk-form4_1693951718.xml · nonDerivative · entry 1

DAUCH RICHARD F · CIK 0001077696 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,186,763

F1 · shares: 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.

SEC source: 0001628280-23-030424 · wk-form4_1692825110.xml · nonDerivative · entry 1

Roraff Kerry · CIK 0001917744 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 188,019

F1 · shares: 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.

SEC source: 0001628280-23-024438 · wk-form4_1688664979.xml · nonDerivative · entry 1

GINNAN ROBERT M · CIK 0001189872 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 385,298

F1 · shares: 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.

SEC source: 0001628280-23-023859 · wk-form4_1688054184.xml · nonDerivative · entry 1

Harrington James D. · CIK 0001463530 · General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 398,468

F1 · shares: 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.

SEC source: 0001628280-23-015741 · wf-form4_168323119420300.xml · derivative · entry 2

DAUCH RICHARD F · CIK 0001077696 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 495,050

Underlying: Common Stock, $0.001 par value per share · 495,050 shares

Expires 2024-12-31

F2 · derivative.exercise_price: Represents Performance Share Units ("PSUs") granted to the reporting person on February 22, 2023, subject to stockholder approval of the Company's 2023 Long-Term Incentive Plan, which was obtained on May 2, 2023. Each PSU represents a contingent right to receive, at the Company's option, 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.

SEC source: 0001628280-23-015741 · wf-form4_168323119420300.xml · nonDerivative · entry 1

DAUCH RICHARD F · CIK 0001077696 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,224,329

F1 · shares: Represents shares of common stock granted to the reporting person on February 22, 2023, subject to stockholder approval of the Company's 2023 Long-Term Incentive Plan, which was obtained on May 2, 2023. The awarded shares vest in three equal amounts on May 2, 2024, February 22, 2025, and February 22, 2026, 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 21, 2023.

SEC source: 0001628280-23-015756 · wf-form4_168323133919694.xml · derivative · entry 1

March Stanley Raymond · CIK 0001896024 · VP, Corporate Development

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 29,703

Underlying: Common Stock, $0.001 par value per share · 29,703 shares

Expires 2024-12-31

F1 · derivative.exercise_price: Represents Performance Share Units ("PSUs") granted to the reporting person on February 22, 2023, subject to stockholder approval of the Company's 2023 Long-Term Incentive Plan, which was obtained on May 2, 2023. Each PSU represents a contingent right to receive, at the Company's option, 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.

SEC source: 0001628280-23-015736 · wf-form4_168323112317116.xml · derivative · entry 1

Anderson Joshua Joseph · CIK 0001886368 · Chief Technology Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 30,892

Underlying: Common Stock, $0.001 par value per share · 30,892 shares

Expires 2024-12-31

F1 · derivative.exercise_price: Represents Performance Share Units ("PSUs") granted to the reporting person on February 22, 2023, subject to stockholder approval of the Company's 2023 Long-Term Incentive Plan, which was obtained on May 2, 2023. Each PSU represents a contingent right to receive, at the Company's option, 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.

SEC source: 0001628280-23-015745 · wf-form4_168323123814329.xml · nonDerivative · entry 1

DeMott Harry · CIK 0001684919 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 57,756

F1 · shares: On February 22, 2023, Workhorse Group Inc. (the "Company") granted to the reporting person 49,505 shares of restricted stock under an Award Agreement, which were scheduled to vest based in part based on the reporting person's continued service as a director of the Company, or pro rata in the event that the reporting person ceased being a director of the Company by reason of death, disability or not standing for re-election. The reporting person's service as a director ended on May 2, 2023, and pursuant to the Award Agreement, the reporting person forfeited half of the awarded shares to the Company.

SEC source: 0001628280-23-015739 · wf-form4_168323117124934.xml · nonDerivative · entry 1

CLARK MICHAEL L. · CIK 0001683605 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 116,254

F1 · shares: On February 22, 2023, Workhorse Group Inc. (the "Company") granted to the reporting person 49,505 shares of restricted stock under an Award Agreement, which were scheduled to vest based in part based on the reporting person's continued service as a director of the Company, or pro rata in the event that the reporting person ceased being a director of the Company by reason of death, disability or not standing for re-election. The reporting person's service as a director ended on May 2, 2023, and pursuant to the Award Agreement, the reporting person forfeited half of the awarded shares to the Company.

SEC source: 0001628280-23-015749 · wf-form4_168323127626457.xml · derivative · entry 1

Harrington James D. · CIK 0001463530 · General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 55,694

Underlying: Common Stock, $0.001 par value per share · 55,694 shares

Expires 2024-12-31

F1 · derivative.exercise_price: Represents Performance Share Units ("PSUs") granted to the reporting person on February 22, 2023, subject to stockholder approval of the Company's 2023 Long-Term Incentive Plan, which was obtained on May 2, 2023. Each PSU represents a contingent right to receive, at the Company's option, 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.

SEC source: 0001628280-23-015758 · wf-form4_168323137820149.xml · nonDerivative · entry 1

Samuels H. Benjamin · CIK 0001661669 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 455,425

F1 · shares: On February 22, 2023, Workhorse Group Inc. (the "Company") granted to the reporting person 49,505 shares of restricted stock under an Award Agreement, which were scheduled to vest based in part based on the reporting person's continued service as a director of the Company, or pro rata in the event that the reporting person ceased being a director of the Company by reason of death, disability or not standing for re-election. The reporting person's service as a director ended on May 2, 2023, and pursuant to the Award Agreement, the reporting person forfeited half of the awarded shares to the Company.

SEC source: 0001628280-23-015757 · wf-form4_168323136014972.xml · derivative · entry 1

Peters James · CIK 0001928934 · VP, Supply Chain Management

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 25,743

Underlying: Common Stock, $0.001 par value per share · 25,743 shares

Expires 2024-12-31

F1 · derivative.exercise_price: Represents Performance Share Units ("PSUs") granted to the reporting person on February 22, 2023, subject to stockholder approval of the Company's 2023 Long-Term Incentive Plan, which was obtained on May 2, 2023. Each PSU represents a contingent right to receive, at the Company's option, 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.

SEC source: 0001628280-23-015754 · wf-form4_168323130327240.xml · derivative · entry 1

Roraff Kerry · CIK 0001917744 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,713

Underlying: Common Stock, $0.001 par value per share · 28,713 shares

Expires 2024-12-31

F1 · derivative.exercise_price: Represents Performance Share Units ("PSUs") granted to the reporting person on February 22, 2023, subject to stockholder approval of the Company's 2023 Long-Term Incentive Plan, which was obtained on May 2, 2023. Each PSU represents a contingent right to receive, at the Company's option, 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.

SEC source: 0001628280-23-015748 · wf-form4_168323125316141.xml · derivative · entry 1

GINNAN ROBERT M · CIK 0001189872 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 59,406

Underlying: Common Stock, $0.001 par value per share · 59,406 shares

Expires 2024-12-31

F1 · derivative.exercise_price: Represents Performance Share Units ("PSUs") granted to the reporting person on February 22, 2023, subject to stockholder approval of the Company's 2023 Long-Term Incentive Plan, which was obtained on May 2, 2023. Each PSU represents a contingent right to receive, at the Company's option, 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.

SEC source: 0001628280-23-015744 · wf-form4_168323122019557.xml · nonDerivative · entry 1

Declet Brandon Torres · CIK 0001856287 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 111,982

F1 · shares: Represents shares of common stock granted by Workhorse Group Inc. (the "Company") in connection with the reporting person's election as a new director of the Company. The awarded shares were granted under a Restricted Stock Award Agreement and vest on November 2, 2023. 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.