| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FCEL | Common Stock | Options Exercise | $0 | +2.75K | +10.58% | $0.00 | 28.7K | Aug 24, 2023 | Direct | F1 |
| transaction | FCEL | Common Stock | Tax liability | -$1.15K | -861 | -3% | $1.33 | 27.8K | Aug 24, 2023 | Direct | F2 |
| transaction | FCEL | Common Stock | Options Exercise | $0 | +33K | +118.32% | $0.00 | 60.8K | Aug 24, 2023 | Direct | F3 |
| transaction | FCEL | Common Stock | Tax liability | -$13.7K | -10.3K | -16.99% | $1.33 | 50.5K | Aug 24, 2023 | Direct | F4 |
| transaction | FCEL | Common Stock | Options Exercise | $0 | +18.6K | +36.85% | $0.00 | 69.1K | Aug 24, 2023 | Direct | F5 |
| transaction | FCEL | Common Stock | Tax liability | -$7.75K | -5.83K | -8.44% | $1.33 | 63.2K | Aug 24, 2023 | Direct | F4 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | FCEL | Employee Restricted Stock Unit | Options Exercise | $0 | -2.75K | -100% | $0.00* | 0 | Aug 24, 2023 | Common Stock | 2.75K | Direct | F1, F6 | |
| transaction | FCEL | Employee Performance Share Unit | Options Exercise | -33K | -100% | 0 | Aug 24, 2023 | Common Stock | 33K | Direct | F3, F7 | |||
| transaction | FCEL | Employee Performance Share Unit | Options Exercise | -18.6K | -100% | 0 | Aug 24, 2023 | Common Stock | 18.6K | Direct | F5, F8 |
| Id | Content |
|---|---|
| F1 | Restricted stock units were converted into common stock on a one for-one basis. |
| F2 | Represents shares withheld to satisfy tax obligations upon the vesting of restricted stock units. |
| F3 | Each performance share unit represents the right to receive a single share of common stock, and the number of performance shares that could be earned could range up to two times the reported target number of performance share units (which was 16,476). |
| F4 | Represents shares withheld to satisfy tax obligations upon the vesting of performance share units. |
| F5 | Each performance share unit represents the right to receive a single share of common stock, and the number of performance shares that could be earned could range up to two times the reported target number of performance share units (which was 16,476). |
| F6 | On August 24, 2020, the reporting person was granted restricted stock units, which vest 1/3 on each of the first, second and third anniversaries of the date of grant, subject to continued employment. |
| F7 | On August 24, 2020, the reporting person was granted performance shares which were based on performance over the three-year performance period ending October 31, 2022, subject to continued employment until the third anniversary of the grant date (August 24, 2023). The performance goal was an increase in the Company's stock price during the performance period. The maximum number of performance shares that could be earned based on performance was two times the target number previously reported (16,476). The Compensation Committee certified achievement at 200% of the target number, resulting in the award of 32,952 shares. |
| F8 | On August 24, 2020, the reporting person was granted performance shares which were based on performance over the three-year performance period ended October 31, 2022, subject to continued employment until the third anniversary of the grant date (August 24, 2023). The performance goal was the TSR of the Company relative to the TSR of the Russell 2000 Index during the performance period. While the maximum number of performance shares that could have been earned based on performance was two times the target number previously reported (16,476), the Compensation Committee certified achievement at 112.9% of the target number, resulting in the award of 18,601 shares. |