Jason Few - 05 Dec 2024 Form 4 Insider Report for FUELCELL ENERGY INC (FCEL)

Role: CEO, Director
Signature: /s/ Michael S. Bishop, as Power of Attorney
Issuer symbol: FCEL
Transactions as of: 05 Dec 2024
Net transactions value: -$25,669
Form type: 4
Filing time: 09 Dec 2024, 17:35:06 UTC
Previous filing: 13 Dec 2023
Next filing: 12 Dec 2024
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	+4,655	+17%	$0.000000	32,362	05 Dec 2024	Direct	F1, F2
transaction	FCEL	Common Stock	Tax liability	$25,669	-2,390	-7.4%	$10.74	29,972	05 Dec 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	-4,655	-50%	$0.000000	4,654	05 Dec 2024	Common Stock	4,655		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.