Parker Stewart Meeks - 01 Jun 2024 Form 4 Insider Report for Hyzon Motors Inc.

Role
CEO
Signature
/s/ John Zavoli, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
01 Jun 2024
Net transactions value
-$25,869
Form type
4
Filing time
04 Jun 2024, 16:39:55 UTC
Previous filing
09 Apr 2024
Next filing
02 Jul 2024

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 +124,040 +52% $0.000000 363,904 01 Jun 2024 Direct
transaction HYZN Class A Common Stock, par value $0.0001 per share Tax liability $25,869 -48,810 -13% $0.5300 315,094 01 Jun 2024 Direct F1

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 -124,040 -100% $0.000000* 0 01 Jun 2024 Class A Common Stock, par value $0.0001 per share 124,040 $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 granted under the Hyzon Motors Inc. 2020 Stock Incentive Plan, granted on June 9, 2021 (the "Grant Date"); restricted stock units vest pursuant to a three year vesting schedule, whereby one-fourth of the total number of shares vested on the Grant Date, subject to deferral to September 22, 2021, and each year on the anniversary of the Grant Date, subject to continued employment with the Issuer.