Natica von Althann - 07 Apr 2022 Form 4 Insider Report for FUELCELL ENERGY INC (FCEL)

Role: Director
Signature: /s/ Michael S. Bishop, As Power of Attorney
Issuer symbol: FCEL
Transactions as of: 07 Apr 2022
Net transactions value: $0
Form type: 4
Filing time: 11 Apr 2022, 18:57:30 UTC
Previous filing: 04 Apr 2022
Next filing: 19 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FCEL	Common Stock	Options Exercise	$0	+1,973	+103%	$0.000000	3,890	07 Apr 2022	Direct	F1

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	Director Restricted Stock Unit	Options Exercise	$0	-1,973	-100%	$0.000000^*	0	07 Apr 2022	Common Stock	1,973		Direct	F2, F3
transaction	FCEL	Deferred Common Stock Units	Award	$0	+13,441	+18%	$0.000000	87,133	07 Apr 2022	Common Stock	13,441		Direct	F4, F5

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

Explanation of Responses:

Id	Content
F1	The balance excludes 14,367 shares inadvertently included in prior Form 4s. These shares were reported as vested in a Form 4 filed on 4/13/20, as amended by a Form 4 filed on 4/24/20. Such shares were deferred under the Directors Deferred Compensation Plan and will be received by the reporting person upon separation from service as a director.
F2	Each?restricted?stock?unit?represented?a?contingent?right?to?receive?one?share?of?common?stock?or,?at?the?election?of?the?Compensation?Committee,?the?cash?value?thereof.
F3	These restricted stock units (i) vested on the date of the regularly scheduled annual meeting of the stockholders of the Company held in 2022 (i.e., April 7, 2022) and (ii) were settled in shares of FuelCell Energy common stock.
F4	Deferred common stock units issued to the reporting person pursuant to the FuelCell Energy, Inc. Directors Deferred Compensation Plan. In accordance with elections made by the reporting person under the Directors Deferred Compensation Plan, the shares of common stock underlying the common stock units are payable to the reporting person, on a one-for-one basis (i.e., one share of common stock for each common stock unit), upon separation from service as a director.
F5	Balance reflects the 4/7/2022 vesting of 3,946 restricted stock units that were deferred by the reporting person.