Parker Stewart Meeks - 01 Jun 2023 Form 4 Insider Report for Hyzon Motors Inc.

Signature
/s/ John Zavoli, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
01 Jun 2023
Net transactions value
-$27,334
Form type
4
Filing time
05 Jun 2023, 18:09:59 UTC
Previous filing
21 Dec 2022
Next filing
05 Jul 2023

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 +124,040 +75% $0.000000 288,674 01 Jun 2023 Direct
transaction HYZN Class A Common Stock, par value $0.0001 per share Tax liability $27,334 -48,810 -17% $0.5600 239,864 01 Jun 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 -124,040 -50% $0.000000 124,040 01 Jun 2023 Class A Common Stock, par value $0.0001 per share 124,040 $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 June 9, 2021 (the "Grant Date"); restricted stock units vest pursuant to a three year vesting schedule, whereby one-fourth 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.

Remarks:

Chief Strategy Officer