Bappaditya Banerjee - 02 May 2023 Form 4 Insider Report for Hyzon Motors Inc.

Role
Chief Operating Officer
Signature
/s/ John Zavoli, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
02 May 2023
Net transactions value
$0
Form type
4
Filing time
04 May 2023, 17:45:32 UTC
Previous filing
04 May 2023
Next filing
09 Apr 2024
SEC
View on sec.gov

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 +750,000 $0.000000 750,000 02 May 2023 Class A Common Stock, par value $0.0001 per share 750,000 $0.000000 Direct F1
transaction HYZN Restricted Stock Units Award $0 +190,000 $0.000000 190,000 02 May 2023 Class A Common Stock, par value $0.0001 per share 190,000 $0.000000 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.