Michael S. Bishop - Dec 5, 2023 Form 4 Insider Report for FUELCELL ENERGY INC (FCEL)

Role
EVP, TREASURER & CFO
Signature
/s/ Michael S. Bishop
Stock symbol
FCEL
Transactions as of
Dec 5, 2023
Transactions value $
-$18,825
Form type
4
Date filed
12/7/2023, 04:52 PM
Previous filing
Nov 28, 2023
Next filing
Dec 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCEL Common Stock Options Exercise $0 +31.7K +20.88% $0.00 184K Dec 5, 2023 Direct F1
transaction FCEL Common Stock Tax liability -$18.8K -14.7K -8% $1.28 169K Dec 5, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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 -31.7K -33.33% $0.00 63.5K Dec 5, 2023 Common Stock 31.7K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 On December 05, 2022, 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.