Dirk Ole Hoefelmann - Mar 3, 2023 Form 4 Insider Report for PLUG POWER INC (PLUG)

Signature
/s/ Gerard L. Conway, Jr, as Attorney-in-Fact
Stock symbol
PLUG
Transactions as of
Mar 3, 2023
Transactions value $
-$466,470
Form type
4
Date filed
4/13/2023, 05:18 PM
Previous filing
Apr 27, 2023
Next filing
Feb 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLUG Common Stock Tax liability -$466K -35K -11.11% $13.33 280K Mar 3, 2023 Direct F1, F2
holding PLUG Common Stock 1.52K Mar 3, 2023 401(k) Plan F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Dirk Ole Hoefelmann is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Tendered to Issuer to satisfy tax withholding obligations of the Reporting Person incurred in connection with the vesting of the Reporting Person's restricted stock awards.
F2 Pursuant to the Plug Power Inc. 2021 Stock Option and Incentive Plan, as amended, each share was tendered to Issuer at the price per share on the closing date of March 2, 2023, which is the date prior to the date withholding was effected.
F3 The Reporting Person holds 1,517 shares of common stock in Plug Power Inc.'s 401(k) plan. The information in this report is based on a plan statement as of March 31, 2023.