GEORGE C. MCNAMEE - 30 Jun 2022 Form 4 Insider Report for PLUG POWER INC (PLUG)

Role
Director
Signature
/s/ Gerard L. Conway Jr., Attorney-in-Fact
Issuer symbol
PLUG
Transactions as of
30 Jun 2022
Net transactions value
$0
Form type
4
Filing time
26 Jul 2022, 16:12:49 UTC
Previous filing
05 Apr 2022
Next filing
15 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLUG Common Stock Award $0 +6,789 +1.1% $0.000000 614,350 30 Jun 2022 Direct F1
holding PLUG Common Stock 300,000 30 Jun 2022 See Footnote F2

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 PLUG Stock Option (Right to Buy) Award $0 +6,789 $0.000000 6,789 30 Jun 2022 Common Stock 6,789 $16.57 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of a restricted stock award made pursuant to Plug Power's 2021 Stock Option and Incentive Plan in accordance with the Non-Employee Director Compensation Plan. The restricted stock vests (100%) on the first anniversary of the grant date.
F2 Shares held by The McNamee Family Irrevocable Trust of 2020, for which the Reporting Person serves as trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F3 Stock option granted pursuant to Plug Power's 2021 Stock Option and Incentive Plan in accordance with the Non-Employee Director Compensation Plan.
F4 The options shall vest (100%) on the first anniversary of the grant date.