Anthony Leo - 11 Dec 2023 Form 4 Insider Report for FUELCELL ENERGY INC (FCEL)

Role
EVP & Chief Technology Officer
Signature
/s/ Michael S. Bishop, As Power of Attorney
Issuer symbol
FCEL
Transactions as of
11 Dec 2023
Net transactions value
-$1,920
Form type
4
Filing time
13 Dec 2023, 16:52:25 UTC
Previous filing
07 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCEL Common Stock Options Exercise $0 +4,710 +4.2% $0.000000 117,172 11 Dec 2023 Direct F1
transaction FCEL Common Stock Tax liability $1,920 -1,477 -1.3% $1.30 115,695 11 Dec 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 -4,710 -50% $0.000000 4,710 11 Dec 2023 Common Stock 4,710 $0.000000 Direct F1, F3
transaction FCEL Employee Restricted Stock Unit Award $0 +123,967 $0.000000 123,967 11 Dec 2023 Common Stock 123,967 $0.000000 Direct F4, F5
* 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 10, 2021, 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.
F4 Each restricted stock unit represents a contingent right to receive one share of common stock upon vesting of the restricted stock unit.
F5 On December 11, 2023, 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.