John R. Zavoli - 17 Feb 2023 Form 4 Insider Report for Hyzon Motors Inc.

Role
General Counsel & Chief Legal Officer
Signature
/s/ John Zavoli
Issuer symbol
N/A
Transactions as of
17 Feb 2023
Net transactions value
-$13,654
Form type
4
Filing time
21 Feb 2023, 16:22:51 UTC
Previous filing
21 Dec 2022
Next filing
05 Jul 2023
SEC
View on sec.gov

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 +17,720 +72% $0.000000 42,178 17 Feb 2023 Direct F1
transaction HYZN Class A Common Stock, par value $0.0001 per share Tax liability $13,654 -9,684 -23% $1.41 32,494 17 Feb 2023 Direct F2
holding HYZN Class A Common Stock, par value $0.0001 per share 250 17 Feb 2023 By Wife

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 -17,720 -25% $0.000000 53,160 17 Feb 2023 Class A Common Stock, par value $0.0001 per share 17,720 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