Betsy B. Bingham - 13 Jan 2023 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: 13 Jan 2023
Net transactions value: $0
Form type: 4
Filing time: 18 Jan 2023, 16:23:57 UTC
Previous filing: 18 Oct 2022
Next filing: 24 May 2023
SEC: View on sec.gov

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	Deferred Common Stock Units	Award	$0	+5,209	+15%	$0.000000	40,240	13 Jan 2023	Common Stock	5,209		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents director retainer and committee fees paid in stock pursuant to the FuelCell Energy, Inc. 2022 Director Compensation Program. As such fees are being deferred pursuant to the FuelCell Energy, Inc. Directors Deferred Compensation Plan, deferred common stock units are being issued to the reporting person. 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 in annual installments over a three year period.

Content

Represents director retainer and committee fees paid in stock pursuant to the FuelCell Energy, Inc. 2022 Director Compensation Program. As such fees are being deferred pursuant to the FuelCell Energy, Inc. Directors Deferred Compensation Plan, deferred common stock units are being issued to the reporting person. 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 in annual installments over a three year period.