John Zavoli - Feb 17, 2023 Form 4 Insider Report for Hyzon Motors Inc. (HYZN)

Role
General Counsel & Chief Legal Officer
Signature
/s/ John Zavoli
Stock symbol
HYZN
Transactions as of
Feb 17, 2023
Transactions value $
-$13,654
Form type
4
Date filed
2/21/2023, 04:22 PM
Previous filing
Dec 21, 2022
Next filing
Jul 5, 2023

Transactions Table

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 -17.7K -25% $0.00 53.2K Feb 17, 2023 Class A Common Stock, par value $0.0001 per share 17.7K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units granted under the Hyzon Motors Inc. 2020 Stock Incentive Plan, granted on February 18, 2021 (the "Grant Date"); restricted stock units vest pursuant to a five year vesting schedule, whereby one-sixth 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. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F2 Shares of Class A Common Stock were withheld by the Issuer in order to satisfy certain tax withholding obligations in connection with the vesting of restricted stock units.

Remarks:

General Counsel & Chief Legal Officer