Shinichi Hirano - 20 Apr 2023 Form 4 Insider Report for Hyzon Motors Inc.

Role
Chief Technology Officer
Signature
/s/ John Zavoli, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
20 Apr 2023
Net transactions value
-$5,179
Form type
4
Filing time
21 Apr 2023, 17:04:38 UTC
Previous filing
22 Apr 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 +73% $0.000000 41,947 20 Apr 2023 Direct
transaction HYZN Class A Common Stock, par value $0.0001 per share Tax liability $5,179 -6,008 -14% $0.8620 35,939 20 Apr 2023 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 -17,720 -25% $0.000000 53,160 20 Apr 2023 Class A Common Stock, par value $0.0001 per share 17,720 $0.000000 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 May 12, 2021 (the "Grant Date"); restricted stock units vest pursuant to a five year vesting schedule, wherebyone-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 from April 20, 2021, subject to continued employment with the Issuer.