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

Role
CEO
Signature
/s/ John Zavoli, Attorney-in-fact
Stock symbol
HYZN
Transactions as of
Sep 11, 2024
Transactions value $
$0
Form type
4
Date filed
9/19/2024, 12:48 PM
Previous filing
Jul 9, 2024

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 18K Sep 11, 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 15.3K Sep 11, 2024 Class A Common Stock, par value $0.0001 per share 15.3K $0.00 Direct F1, F2, F3
holding HYZN Restricted Stock Units 9.8K Sep 11, 2024 Class A Common Stock, par value $0.0001 per share 9.8K $0.00 Direct F1, F2, F4
holding HYZN Restricted Stock Units 8.75K Sep 11, 2024 Class A Common Stock, par value $0.0001 per share 8.75K $0.00 Direct F1, F2, F5
holding HYZN Performance-Based Restricted Stock Units 19K Sep 11, 2024 Class A Common Stock, par value $0.0001 per share 19K $0.00 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.