Christian Mohrdieck - Jan 8, 2024 Form 4 Insider Report for Hyzon Motors Inc. (HYZN)

Signature
/s/ John Zavoli
Stock symbol
HYZN
Transactions as of
Jan 8, 2024
Transactions value $
$0
Form type
4
Date filed
1/10/2024, 06:32 PM
Previous filing
Jan 10, 2024
Next filing
Sep 19, 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 +150K $0.00 150K Jan 8, 2024 Class A Common Stock, par value $0.0001 per share 150K $0.00 Direct F1, F2
transaction HYZN Restricted Stock Units Award $0 +1.25M $0.00 1.25M Jan 8, 2024 Class A Common Stock, par value $0.0001 per share 1.25M $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 100% on the anniversary of the Grant Date, subject to continued employment with the Issuer.
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.