| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | HYZN | Restricted Stock Units | Jul 16, 2021 | Class A Common Stock, par value $0.0001 per share | 425K | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | Restricted stock units under the Hyzon Motors Inc. 2020 Stock Incentive Plan, granted on April 5, 2021 (the "Grant Date"); restricted stock units vest pursuant to a four year vesting schedule, whereby one-fourth of the total number of shares vest each year on the anniversary of the Grant Date, subject to continued employment with the Issuer. |
| F2 | On July 16, 2021, pursuant to the Business Combination Agreement and Plan of Reorganization, dated as of February 8, 2021 (the "Business Combination Agreement"), by and among Hyzon Motors Inc. (f/k/a Decarbonization Plus Acquisition Corporation) (the "Issuer"), DCRB Merger Sub Inc. a wholly owned subsidiary of the Issuer ("Merger Sub") and Hyzon Motors USA Inc. (f/k/a Hyzon Motors Inc.) ("Old Hyzon"), Merger Sub merged with and into Old Hyzon with Old Hyzon as the surviving corporation and a wholly owned subsidiary of the Issuer (the "Merger"). |
| F3 | (Continued from footnote 2) At the effective time of the Merger, each restricted stock unit ("RSU") denominated in shares of Old Hyzon was assumed by the Issuer and converted into (A) an RSU denominated in shares of Class A common stock of the Issuer equal to the product (rounded down to the nearest whole number) of (x) the number of Old Hyzon shares subject to the RSU immediately prior to the Effective Time (as defined in the Business Combination Agreement) and (y) 1.7720 (the "Exchange Ratio") and (B) the contingent right to receive Earnout Shares (as defined in the Business Combination Agreement) in accordance with Section 3.03 of the Business Combination Agreement. |
See Exhibit 24 - Power of Attorney