Jiajia Wu - 02 Sep 2023 Form 4 Insider Report for Hyzon Motors Inc.

Signature
/s/ John Zavoli, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
02 Sep 2023
Net transactions value
-$6,646
Form type
4
Filing time
06 Sep 2023, 17:55:19 UTC
Previous filing
04 Aug 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 +17,720 +141% $0.000000 30,248 02 Sep 2023 Direct
transaction HYZN Class A Common Stock, par value $0.0001 per share Tax liability $6,646 -5,192 -17% $1.28 25,056 02 Sep 2023 Direct F1
holding HYZN Class A Common Stock, par value $0.0001 per share 50 02 Sep 2023 By Husband

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 -17,720 -33% $0.000000 35,440 02 Sep 2023 Class A Common Stock, par value $0.0001 per share 17,720 $0.000000 Direct F2, F3
* 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 Each Restricted Stock Unit (RSU) represents a contingent right to receive one share of Hyzon Motors, Inc. Class A Common Stock.
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.