| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | HYZN | Employee Stock Options | Jul 16, 2021 | Class A Common Stock, par value $0.0001 per share | 177K | $2.00 | Direct | F1, F2, F3 |
| Id | Content |
|---|---|
| F1 | Employee stock options under the Hyzon Motors Inc. 2020 Stock Incentive Plan, granted on November 12, 2020 (the "Grant Date"); 20,000 options to purchase shares of Old Hyzon vested on the Grant Date. The remaining options vest pursuant to a five year vesting schedule, whereby one-fifth 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"). At the effective time of the Merger, each option to purchase shares of Old Hyzon was assumed by the Issuer and converted into (A) an option to purchase 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 option immediately prior to the effective time of the Merger and (y) 1.7720 (the "Exchange Ratio"), |
| F3 | (Continued from footnote 2) at an exercise price (rounded up to the nearest whole cent) equal to (i) the exercise price per share of such option immediately prior to the effective time of the Merger divided by (ii) the Exchange Ratio, on the same terms and conditions as the original award (including with respect to vesting) that applied to such option immediately prior to the Merger 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. |
Managing Director of Hyzon Europe See Exhibit 24 - Power of Attorney