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

Role
President of International Ops
Signature
/s/ John Zavoli, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
30 Jun 2023
Net transactions value
-$7,983
Form type
4
Filing time
05 Jul 2023, 16:22:21 UTC
Previous filing
11 Jan 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 +79% $0.000000 40,143 01 Jul 2023 Direct F1
transaction HYZN Class A Common Stock, par value $0.0001 per share Tax liability $7,983 -8,329 -21% $0.9585 31,814 01 Jul 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 +250,000 $0.000000 250,000 30 Jun 2023 Class A Common Stock, par value $0.0001 per share 250,000 Direct F1, F3
transaction HYZN Restricted Stock Units Options Exercise $0 -17,720 -33% $0.000000 35,440 01 Jul 2023 Class A Common Stock, par value $0.0001 per share 17,720 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.