Michael Lisowski - Jan 31, 2022 Form 4 Insider Report for FUELCELL ENERGY INC (FCEL)

Role: EVP & Chief Operating Officer
Signature: /s/ Michael S. Bishop, As Power of Attorney
Stock symbol: FCEL
Transactions as of: Jan 31, 2022
Transactions value $: -$1,967
Form type: 4
Date filed: 2/1/2022, 04:07 PM
Previous filing: Dec 14, 2021
Next filing: Aug 26, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FCEL	Common Stock	Options Exercise	$0	+1.25K	+9.74%	$0.00	14.1K	Jan 31, 2022	Direct	F1
transaction	FCEL	Common Stock	Tax liability	-$1.97K	-464	-3.3%	$4.24	13.6K	Jan 31, 2022	Direct

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	FCEL	Employee Restricted Stock Unit	Options Exercise	$0	-1.25K	-100%	$0.00^*	0	Jan 31, 2022	Common Stock	1.25K	$0.00	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit represents a contingent right to receive one share of common stock upon vesting of the Restricted Stock Unit.
F2	On January 31, 2018, the reporting person was granted 4,990 restricted stock units, which vest 25% on each of the first, second, third and fourth anniversaries of the date of grant, subject to continued employment.