Keith Schmid - Aug 19, 2022 Form 4/A - Amendment Insider Report for PLUG POWER INC (PLUG)

Role
GM New Mkts & Pres New Prd Dv
Signature
/s/ Gerard L. Conway, Jr., Attorney-in-Fact
Stock symbol
PLUG
Transactions as of
Aug 19, 2022
Transactions value $
-$1,764,784
Form type
4/A - Amendment
Date filed
5/30/2023, 04:15 PM
Date Of Original Report
Dec 2, 2022
Previous filing
May 2, 2022
Next filing
May 31, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLUG Common Stock Tax liability -$1.12M -39.3K -8.07% $28.43 448K Aug 19, 2022 Direct F1, F2, F3, F4
transaction PLUG Common Stock Tax liability -$648K -29.7K -6.63% $21.85 418K Sep 28, 2022 Direct F1, F5
holding PLUG Common Stock 44.8K Aug 19, 2022 401(k) Plan F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 award.
F2 The initial grant of the restricted stock award was reported on a Form 4 filed on August 21, 2019, but was inadvertently disclosed as a restricted stock unit award instead of a restricted stock award.
F3 Pursuant to the Plug Power Inc. Third Amended and Restated 2011 Stock Option and Incentive Plan, each share was tendered to Issuer at the price per share on the closing date of August 18, 2022, which is the date prior to the date withholding was effected.
F4 The total Amount of Securities Beneficially Owned in Table I, Column 5 reflects the addition of 83,333 shares of the restricted stock award that was previously reported inadvertently on Table II as part of a grant of 250,000 restricted stock units on the Form 4 filed on August 21, 2019.
F5 Pursuant to the Plug Power Inc. Third Amended and Restated 2011 Stock Option and Incentive Plan, each share was tendered to Issuer at the price per share on the closing date of September 27, 2022, which is the date prior to the date withholding was effected.
F6 The Reporting Person holds 44,797 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 November 14, 2022.

Remarks:

This Form 4 was originally filed on December 2, 2022 using the incorrect CIK number for the Reporting Person and is being refiled under the correct CIK number. This filing amends and replaces the original filing in its entirety.