Natica von Althann - Apr 7, 2022 Form 4 Insider Report for FUELCELL ENERGY INC (FCEL)

Role
Director
Signature
/s/ Michael S. Bishop, As Power of Attorney
Stock symbol
FCEL
Transactions as of
Apr 7, 2022
Transactions value $
$0
Form type
4
Date filed
4/11/2022, 06:57 PM
Previous filing
Apr 4, 2022
Next filing
Apr 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCEL Common Stock Options Exercise $0 +1.97K +102.92% $0.00 3.89K Apr 7, 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 -1.97K -100% $0.00* 0 Apr 7, 2022 Common Stock 1.97K Direct F2, F3
transaction FCEL Deferred Common Stock Units Award $0 +13.4K +18.24% $0.00 87.1K Apr 7, 2022 Common Stock 13.4K 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.