Form 4 for FCEL FUELCELL ENERGY INC
Accepted 2022-08-30 00:00:00 ET · period of report 2022-08-26 · accession 0001567619-22-016840 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-08-30 | 2022-08-26 | FCEL | Few Jason | CEO, Dir | F - Tax | $4.20 | -360.9K | 325.2K | -53% | -$1.52M |
| DM | 2022-08-30 | 2022-08-26 | FCEL | Few Jason | CEO, Dir | M - OptEx | $0.00 | +778.8K | 556.9K | New | $0 |
| DM | 2022-08-30 | 2022-08-26 | FCEL | Few Jason | CEO, Dir | M - OptEx | $0.00 | -778.8K | 0 | -100% | $0 |
| D | 2022-08-30 | 2022-08-26 | FCEL | Few Jason | CEO, Dir | D - Sale to Iss | $0.00 | -221.2K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-08-26 | F | D | 129,191 | $4.20 | 474,846 | D | — | — | (F4) Represents shares withheld to satisfy tax obligations upon the vesting and settlement of performance share units. |
| 2 | Common | Common Stock | 2022-08-26 | M | A | 278,788 | $0.00 | 604,037 | D | — | — | (F3) Performance share units were converted into shares of common stock on a one-for-one basis. |
| 3 | Common | Common Stock | 2022-08-26 | F | D | 231,700 | $4.20 | 325,249 | D | — | — | (F2) Represents shares withheld to satisfy tax obligations upon the vesting of restricted stock units. |
| 4 | Common | Common Stock | 2022-08-26 | M | A | 500,000 | $0.00 | 556,949 | D | — | — | (F1) Restricted stock units were converted into shares of common stock on a one-for-one basis. |
| 5 | Derivative | Performance Share Units | 2022-08-26 | M | D | 278,788 | $0.00 | 221,212 | D | $0.00 · — to — | 278,788 Common Stock | (F3) Performance share units were converted into shares of common stock on a one-for-one basis. (F6) Pursuant to an employment agreement made and entered into effective as of August 26, 2019, on June 3, 2020, the reporting person was granted performance share units. Earned performance share units vested on August 26, 2022 and the number earned (278,788) was based on the weighted-average price of the Company's common stock during the thirty (30) day calendar period ending on the vesting date compared to pre-established price goals as outlined in the employment agreement. |
| 6 | Derivative | Performance Share Units | 2022-08-26 | D | D | 221,212 | $0.00 | 0 | D | $0.00 · — to — | 221,212 Common Stock | (F3) Performance share units were converted into shares of common stock on a one-for-one basis. (F6) Pursuant to an employment agreement made and entered into effective as of August 26, 2019, on June 3, 2020, the reporting person was granted performance share units. Earned performance share units vested on August 26, 2022 and the number earned (278,788) was based on the weighted-average price of the Company's common stock during the thirty (30) day calendar period ending on the vesting date compared to pre-established price goals as outlined in the employment agreement. |
| 7 | Derivative | Employee Restricted Stock Unit | 2022-08-26 | M | D | 500,000 | $0.00 | 0 | D | $0.00 · — to — | 500,000 Common Stock | (F1) Restricted stock units were converted into shares of common stock on a one-for-one basis. (F5) Pursuant to an employment agreement made and entered into effective as of August 26, 2019, on June 3, 2020, the reporting person was granted restricted stock units, which vested 100% on August 26, 2022. |