Jason Few - Aug 24, 2022 Form 4 Insider Report for FUELCELL ENERGY INC (FCEL)

Role
CEO, Director
Signature
/s/ Michael S. Bishop, as Power of Attorney
Stock symbol
FCEL
Transactions as of
Aug 24, 2022
Transactions value $
-$25,570
Form type
4
Date filed
8/26/2022, 05:20 PM
Previous filing
Mar 2, 2022
Next filing
Aug 30, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCEL Common Stock Options Exercise $0 +12.5K +24.84% $0.00 62.7K Aug 24, 2022 Direct F1
transaction FCEL Common Stock Tax liability -$25.6K -5.79K -9.22% $4.42 56.9K Aug 24, 2022 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 FCEL Employee Restricted Stock Unit Options Exercise $0 -12.5K -50% $0.00 12.5K Aug 24, 2022 Common Stock 12.5K $0.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units were converted into common stock on a one-for-one basis.
F2 Represents shares withheld to satisfy tax obligations upon the vesting of Restricted Stock Units.
F3 On August 24, 2020, the reporting person was granted restricted stock units, which vest 1/3 on each of the first, second and third anniversaries of the date of grant, subject to continued employment.