Robert M. Vreeland - Jun 15, 2021 Form 4 Insider Report for Clean Energy Fuels Corp. (CLNE)

Role: Chief Financial Officer
Signature: /s/ J. Nathan Jensen, Attorney-in-Fact, for Robert M. Vreeland
Stock symbol: CLNE
Transactions as of: Jun 15, 2021
Transactions value $: -$1,748,577
Form type: 4
Date filed: 6/16/2021, 05:14 PM
Next filing: Dec 9, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLNE	Common Stock	Options Exercise	$241K	+48K	+11.42%	$5.02	468K	Jun 15, 2021	Direct	F2
transaction	CLNE	Common Stock	Sale	-$1.95M	-168K	-35.83%	$11.62	301K	Jun 15, 2021	Direct	F1, F2
transaction	CLNE	Common Stock	Sale	-$39.8K	-3.3K	-1.1%	$12.06	297K	Jun 15, 2021	Direct	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	CLNE	Stock Option (Right to Buy)	Options Exercise	$0	-48K	-100%	$0.00^*	0	Jun 15, 2021	Common Stock	48K	$5.02	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares were sold in multiple transactions at prices ranging from $11.05 to $12.04, inclusive. The price reported in Column 4 is a weighted average sale price. The Reporting Person undertakes to provide to the Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
F2	The stock option exercise and the subsequent sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2021.

Content

Shares were sold in multiple transactions at prices ranging from $11.05 to $12.04, inclusive. The price reported in Column 4 is a weighted average sale price. The Reporting Person undertakes to provide to the Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.

The stock option exercise and the subsequent sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 12, 2021.