4//SEC Filing
Bishop Michael S. 4
Accession 0000897069-24-002290
CIK 0000886128other
Filed
Dec 11, 7:00 PM ET
Accepted
Dec 12, 5:30 PM ET
Size
19.7 KB
Accession
0000897069-24-002290
Insider Transaction Report
Form 4
Bishop Michael S.
Sr VP, CFO, Secy & Treasurer
Transactions
- Exercise/Conversion
Employee Restricted Stock Unit
2024-12-10−217→ 0 totalExercise: $0.00→ Common Stock (217 underlying) - Tax Payment
Common Stock
2024-12-10$11.35/sh−101$1,146→ 6,434 total - Exercise/Conversion
Common Stock
2024-12-10+343→ 6,777 total - Exercise/Conversion
Common Stock
2024-12-11+4,591→ 11,209 total - Exercise/Conversion
Common Stock
2024-12-10+217→ 6,535 total - Tax Payment
Common Stock
2024-12-11$12.56/sh−2,128$26,728→ 9,081 total - Exercise/Conversion
Employee Performance Share Unit
2024-12-10−343→ 0 totalExercise: $0.00→ Common Stock (343 underlying) - Tax Payment
Common Stock
2024-12-10$11.35/sh−159$1,805→ 6,618 total - Exercise/Conversion
Employee Restricted Stock Unit
2024-12-11−4,591→ 9,183 totalExercise: $0.00→ Common Stock (4,591 underlying)
Footnotes (8)
- [F1]Reflects the 1-for-30 reverse stock split effected by the Issuer on November 8, 2024.
- [F2]Restricted stock units were converted into common stock on a one-for-one basis.
- [F3]Represents shares withheld to satisfy tax obligations upon the vesting of restricted stock units.
- [F4]Shares were issued in settlement of earned performance share units.
- [F5]Represents shares withheld to satisfy tax obligations upon the vesting of performance share units.
- [F6]On December 10, 2021, the reporting person was granted restricted stock units, which vested 1/3 on each of the first, second and third anniversaries of the date of grant, subject to continued employment.
- [F7]On December 10, 2021, the reporting person was granted performance shares which were based on performance over the three-year performance period ended October 31, 2024, subject to continued employment until the third anniversary of the grant date (December 10, 2024). The performance goal was the TSR of the Company relative to the TSR of the Russell 2000 during the performance period. The Compensation and Leadership Development Committee certified achievement at 52.665% of the target number previously reported (as adjusted to reflect the 1-for-30 reverse stock split effected by the Issuer on November 8, 2024), resulting in the award of 343 shares.
- [F8]On December 11, 2023, the reporting person was granted restricted stock units, which vest 1/3 on each of the first, second and third anniversaries of the date of grant, subject to continued employment.
Documents
Issuer
FUELCELL ENERGY INC
CIK 0000886128
Entity typeother
Related Parties
1- filerCIK 0001523478
Filing Metadata
- Form type
- 4
- Filed
- Dec 11, 7:00 PM ET
- Accepted
- Dec 12, 5:30 PM ET
- Size
- 19.7 KB