Jinxiu Sun-LaSovage - May 1, 2023 Form 4 Insider Report for Hyzon Motors Inc. (HYZN)

Role
Chief Human Resources Officer
Signature
/s/ John Zavoli, Attorney-in-fact
Stock symbol
HYZN
Transactions as of
May 1, 2023
Transactions value $
$0
Form type
4
Date filed
5/3/2023, 09:21 PM
Next filing
Apr 9, 2024

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 Award $0 +500K $0.00 500K May 1, 2023 Class A Common Stock, par value $0.0001 per share 500K $0.00 Direct F1
transaction HYZN Restricted Stock Units Award $0 +130K $0.00 130K May 1, 2023 Class A Common Stock, par value $0.0001 per share 130K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Restricted stock units vest 100% on the anniversary of the Grant Date, subject to continued employment with the Issuer.