Jane Kearns - Jul 16, 2021 Form 4 Insider Report for Hyzon Motors Inc. (HYZN)

Role
Director
Signature
/s/ Jane Kearns
Stock symbol
HYZN
Transactions as of
Jul 16, 2021
Transactions value $
$0
Form type
4
Date filed
7/20/2021, 09:22 PM
Next filing
Aug 10, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYZN Class A Common Stock Conversion of derivative security +22.1K 22.1K Jul 16, 2021 Direct F1

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 HYZN Class B Common Stock Conversion of derivative security -22.1K -100% 0 Jul 16, 2021 Class A Common Stock 22.1K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jane Kearns is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In connection with the closing of the business combination between Decarbonization Plus Acquisition Corporation ("DCRB"), DCRB Merger Sub Inc. and Hyzon Motors Inc. on July 16, 2021, the Reporting Person's shares of Class B Common Stock automatically converted into shares of Class A Common Stock on a one-for-one basis. Upon consummation of the business combination, DCRB changed its name to "Hyzon Motors Inc."
F2 The shares of Class B Common Stock were automatically convertible into shares of Class A Common Stock at the time of DCRB's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights (which rights were waived by the Reporting Person in connection with the business combination), and had no expiration date.