Mark Feasel - Mar 25, 2024 Form 4 Insider Report for FUELCELL ENERGY INC (FCEL)

Role
EVP & Ch. Commercial Officer
Signature
/s/ Michael S. Bishop, as Power of Attorney
Stock symbol
FCEL
Transactions as of
Mar 25, 2024
Transactions value $
-$48,954
Form type
4
Date filed
3/27/2024, 04:34 PM
Previous filing
Dec 13, 2023
Next filing
Dec 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCEL Common Stock Options Exercise $0 +83.5K +103.27% $0.00 164K Mar 25, 2024 Direct F1, F2
transaction FCEL Common Stock Tax liability -$49K -43.7K -26.6% $1.12 121K Mar 25, 2024 Direct F2, F3

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 -83.5K -100% $0.00* 0 Mar 25, 2024 Common Stock 83.5K $0.00 Direct F1, F4
* 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 Includes 955 shares acquired under the Company's Employee Stock Purchase Plan.
F3 Represents shares withheld to satisfy tax obligations upon the vesting of restricted stock units.
F4 On May 16, 2022, the reporting person was granted restricted stock units, which vest 50% on each of March 24, 2023 and March 25, 2024, subject to continued employment through such dates.