Keith Schmid - Sep 15, 2023 Form 4 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
Sep 15, 2023
Transactions value $
-$54,944
Form type
4
Date filed
9/21/2023, 04:16 PM
Previous filing
May 31, 2023
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PLUG Common Stock Options Exercise $57K +100K +23.93% $0.57* 518K Sep 15, 2023 Direct
transaction PLUG Common Stock Tax liability -$112K -13.1K -2.54% $8.52 505K Sep 15, 2023 Direct F1
holding PLUG Common Stock 46.2K Sep 15, 2023 401(k) Plan 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) Options Exercise $0 -100K -100% $0.00* 0 Sep 15, 2023 Common Stock 100K $0.57 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares tendered to the Issuer as payment of the exercise price of stock options and tax liability, based on the closing price of the Issuer's common stock on September 15, 2023 of $8.52 per share.
F2 Reporting Person holds 46,153 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 September 20, 2023.
F3 The stock option granted to the Reporting Person is fully vested and exercisable as of the date hereof.