John Milton Edgley - Jun 30, 2023 Form 4 Insider Report for Hyzon Motors Inc. (HYZN)

Signature
/s/ John Zavoli, Attorney-in-fact
Stock symbol
HYZN
Transactions as of
Jun 30, 2023
Transactions value $
-$7,983
Form type
4
Date filed
7/5/2023, 04:22 PM
Previous filing
Jan 11, 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 +17.7K +79.03% $0.00 40.1K Jul 1, 2023 Direct F1
transaction HYZN Class A Common Stock, par value $0.0001 per share Tax liability -$7.98K -8.33K -20.75% $0.96 31.8K Jul 1, 2023 Direct F2

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 +250K $0.00 250K Jun 30, 2023 Class A Common Stock, par value $0.0001 per share 250K Direct F1, F3
transaction HYZN Restricted Stock Units Options Exercise $0 -17.7K -33.33% $0.00 35.4K Jul 1, 2023 Class A Common Stock, par value $0.0001 per share 17.7K Direct F1, F4

John Milton Edgley is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Hyzon Motors, Inc. 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 issuance of vested restricted stock units.
F3 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.
F4 Restricted stock units vest pursuant to a five year vesting schedule, whereby one-fifth of the total number of shares vest each year starting on July 1, 2021, subject to continued employment with the Issuer.