Parker Stewart Meeks - Jun 1, 2022 Form 4 Insider Report for Hyzon Motors Inc. (HYZN)

Role
Chief Strategy Officer
Signature
/s/ John Zavoli, Attorney-in-fact
Stock symbol
HYZN
Transactions as of
Jun 1, 2022
Transactions value $
-$230,383
Form type
4
Date filed
6/3/2022, 08:25 PM
Previous filing
Sep 24, 2021
Next filing
Dec 21, 2022

Transactions Table

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 +124K +138.74% $0.00 213K Jun 1, 2022 Direct
transaction HYZN Class A Common Stock, par value $0.0001 per share Tax liability -$230K -48.8K -22.87% $4.72 165K Jun 1, 2022 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
transaction HYZN Restricted Stock Units Options Exercise $0 -124K -33.33% $0.00 248K Jun 1, 2022 Class A Common Stock, par value $0.0001 per share 124K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Class A Common Stock were withheld by the Issuer in order to satisfy certain tax withholding obligations in connection with the issuance of vested restricted stock units.
F2 Restricted stock units granted under the Hyzon Motors Inc. 2020 Stock Incentive Plan, granted on June 9, 2021 (the "Grant Date"); restricted stock units vest pursuant to a three year vesting schedule, whereby one-fourth of the total number of shares vested on the Grant Date, subject to deferral to September 22, 2021, and each year on the anniversary of the Grant Date, subject to continued employment with the Issuer.