Stephen Weiland - Nov 1, 2023 Form 4 Insider Report for Hyzon Motors Inc. (HYZN)

Signature
/s/ John Zavoli, Attorney-in-fact
Stock symbol
HYZN
Transactions as of
Nov 1, 2023
Transactions value $
$0
Form type
4
Date filed
11/2/2023, 07:30 PM
Next filing
Apr 9, 2024

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 +1M $0.00 1M Nov 1, 2023 Class A Common Stock, par value $0.0001 per share 1M $0.00 Direct F1, F2
transaction HYZN Restricted Stock Units Award $0 +202K $0.00 202K Nov 1, 2023 Class A Common Stock, par value $0.0001 per share 202K $0.00 Direct F1, 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 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.
F3 Restricted stock units vest pursuant 100% of the total number of shares vest on the anniversary of the Grant Date, subject to continued employment with the Issuer.