Jinxiu Sun-LaSovage - May 2, 2024 Form 4 Insider Report for Hyzon Motors Inc. (HYZN)

Role
Chief Human Resources Officer
Signature
/s/ John Zavoli, Attorney-in-fact
Stock symbol
HYZN
Transactions as of
May 2, 2024
Transactions value $
-$41,335
Form type
4
Date filed
6/14/2024, 06:30 PM
Previous filing
Apr 9, 2024
Next filing
Jul 9, 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 +255K $0.00 255K May 2, 2024 Direct
transaction HYZN Class A Common Stock, par value $0.0001 per share Tax liability -$41.3K -72.5K -28.44% $0.57 182K May 2, 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 -130K -100% $0.00* 0 May 2, 2024 Class A Common Stock, par value $0.0001 per share 130K $0.00 Direct F2
transaction HYZN Restricted Stock Units Options Exercise $0 -120K -24% $0.00 380K May 2, 2024 Class A Common Stock, par value $0.0001 per share 120K $0.00 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.