Parker Stewart Meeks - 11 Sep 2024 Form 4 Insider Report for Hyzon Motors Inc.

Role: CEO
Signature: /s/ John Zavoli, Attorney-in-fact
Issuer symbol: N/A
Transactions as of: 11 Sep 2024
Net transactions value: $0
Form type: 4
Filing time: 19 Sep 2024, 12:48:54 UTC
Previous filing: 09 Jul 2024
Next filing: 30 Dec 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	HYZN	Class A Common Stock, par value $0.0001 per share						18,024	11 Sep 2024	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
holding	HYZN	Restricted Stock Units						15,280	11 Sep 2024	Class A Common Stock, par value $0.0001 per share	15,280	$0.000000	Direct	F1, F2, F3
holding	HYZN	Restricted Stock Units						9,804	11 Sep 2024	Class A Common Stock, par value $0.0001 per share	9,804	$0.000000	Direct	F1, F2, F4
holding	HYZN	Restricted Stock Units						8,750	11 Sep 2024	Class A Common Stock, par value $0.0001 per share	8,750	$0.000000	Direct	F1, F2, F5
holding	HYZN	Performance-Based Restricted Stock Units						18,959	11 Sep 2024	Class A Common Stock, par value $0.0001 per share	18,959	$0.000000	Direct	F1, F6, F7

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

Explanation of Responses:

Id	Content
F1	The number of shares beneficially owned reflects the 1-for-50 reverse stock split effected September 11, 2024.
F2	Each 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 50% on the first and second anniversary of the Grant Date, subject to continued employment with the Issuer.
F4	Restricted stock units vest 100% on the second anniversary of the Grant Date, subject to continued employment with the Issuer.
F5	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.
F6	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.
F7	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.