Jason Few - Dec 5, 2024 Form 4 Insider Report for FUELCELL ENERGY INC (FCEL)

Role
CEO, Director
Signature
/s/ Michael S. Bishop, as Power of Attorney
Stock symbol
FCEL
Transactions as of
Dec 5, 2024
Transactions value $
-$25,669
Form type
4
Date filed
12/9/2024, 05:35 PM
Previous filing
Dec 13, 2023
Next filing
Dec 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCEL Common Stock Options Exercise $0 +4.66K +16.8% $0.00 32.4K Dec 5, 2024 Direct F1, F2
transaction FCEL Common Stock Tax liability -$25.7K -2.39K -7.39% $10.74 30K Dec 5, 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 -4.66K -50.01% $0.00 4.65K Dec 5, 2024 Common Stock 4.66K Direct F1, F2, 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 Reflects the 1-for-30 reverse stock split effected by the Issuer on November 8, 2024.
F3 Represents shares withheld to satisfy tax obligations upon the vesting of Restricted Stock Units.
F4 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.