Jiajia Wu - Sep 2, 2023 Form 4 Insider Report for Hyzon Motors Inc. (HYZN)

Role: Chief Accounting Officer
Signature: /s/ John Zavoli, Attorney-in-fact
Stock symbol: HYZN
Transactions as of: Sep 2, 2023
Transactions value $: -$6,646
Form type: 4
Date filed: 9/6/2023, 05:55 PM
Previous filing: Aug 4, 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	+141.44%	$0.00	30.2K	Sep 2, 2023	Direct
transaction	HYZN	Class A Common Stock, par value $0.0001 per share	Tax liability	-$6.65K	-5.19K	-17.16%	$1.28	25.1K	Sep 2, 2023	Direct	F1
holding	HYZN	Class A Common Stock, par value $0.0001 per share						50	Sep 2, 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	-17.7K	-33.33%	$0.00	35.4K	Sep 2, 2023	Class A Common Stock, par value $0.0001 per share	17.7K	$0.00	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.