Andrea Farace - Jul 10, 2023 Form 4 Insider Report for Hyzon Motors Inc. (HYZN)

Role
Director
Signature
/s/ John Zavoli, Attorney-in-fact
Stock symbol
HYZN
Transactions as of
Jul 10, 2023
Transactions value $
$0
Form type
4
Date filed
7/20/2023, 04:48 PM
Previous filing
May 15, 2023
Next filing
Aug 8, 2023

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 +131K $0.00 131K Jul 10, 2023 Class A Common Stock, par value $0.0001 per share 131K Direct F1, F2
transaction HYZN Stock Option (Right to Buy) Award $0 +215K $0.00 215K Jul 10, 2023 Class A Common Stock, par value $0.0001 per share 215K $0.95 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 Restricted stock units vest one-third of the total number of shares immediately on grant date and one-third will vest upon each of the second year and third year anniversaries of the Grant Date, respectively, subject to continued employment with the Issuer.
F3 One-third of the total number of Options will immediately vest on grant date and one-third will vest upon each of the second year and third year anniversaries of the Grant Date, respectively, subject to continued employment with the Issuer.