Jinxiu Sun-LaSovage - 02 May 2024 Form 4 Insider Report for Hyzon Motors Inc.

Signature
/s/ John Zavoli, Attorney-in-fact
Issuer symbol
N/A
Transactions as of
02 May 2024
Net transactions value
-$41,335
Form type
4
Filing time
14 Jun 2024, 18:30:57 UTC
Previous filing
09 Apr 2024
Next filing
09 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 +255,000 $0.000000 255,000 02 May 2024 Direct
transaction HYZN Class A Common Stock, par value $0.0001 per share Tax liability $41,335 -72,518 -28% $0.5700 182,482 02 May 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 -130,000 -100% $0.000000* 0 02 May 2024 Class A Common Stock, par value $0.0001 per share 130,000 $0.000000 Direct F2
transaction HYZN Restricted Stock Units Options Exercise $0 -120,000 -24% $0.000000 380,000 02 May 2024 Class A Common Stock, par value $0.0001 per share 120,000 $0.000000 Direct 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 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.