Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HYZN | Class A Common Stock, par value $0.0001 per share | Options Exercise | $0 | +620K | +196.7% | $0.00 | 935K | Jun 30, 2024 | Direct | |
transaction | HYZN | Class A Common Stock, par value $0.0001 per share | Tax liability | -$78K | -244K | -26.09% | $0.32 | 691K | Jun 30, 2024 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HYZN | Restricted Stock Units | Options Exercise | $0 | -146K | -25% | $0.00 | 437K | Jun 30, 2024 | Class A Common Stock, par value $0.0001 per share | 146K | $0.00 | Direct | F2, F3 |
transaction | HYZN | Performance-Based Restricted Stock Units | Options Exercise | $0 | -474K | -33.33% | $0.00 | 948K | Jun 30, 2024 | Class A Common Stock, par value $0.0001 per share | 474K | $0.00 | Direct | F2, F4 |
Id | Content |
---|---|
F1 | Represents the number of shares required to be withheld by the Reporting Person to cover tax withholding obligations in connection with the vesting of PSUs and RSUs. |
F2 | Each Performance-Based Restricted Stock Unit (PSU) or Stock Restricted Stock Unit (RSU) represents a contingent right to receive one share of Hyzon Motors, Inc. Class A Common Stock. |
F3 | Restricted stock units vest pursuant to a four year vesting schedule, whereby one-fourth of the total number of shares vest each year on the anniversary of the Grant Date, subject to continued employment with the Issuer. |
F4 | Represents settlement of a performance-based restricted stock unit ("PSU") granted on June 30, 2023 ("Grant Date"). On March 6, 2024, the Company's Compensation Committee determined that 1,421,875 PSUs eligible to be earned by the Reporting Person have been earned based on a combination of Company goals, functional goals, and individual goals of such Reporting Person. Pursuant to the PSU agreement, for the PSUs that have been earned, one-third will vest on each of the first, second and third anniversaries of the Grant Date. Vesting is subject to the Reporting Person remaining in continuous service through the vesting date. |