Jordan Tyrone Michael 4/A
4/A · FUELCELL ENERGY INC · Filed Apr 23, 2025
Insider Transaction Report
Form 4/AAmended
Jordan Tyrone Michael
Director
Transactions
- Award
Deferred Common Stock Units
2024-04-29+123,749→ 123,749 total→ Common Stock (123,749 underlying)
Footnotes (2)
- [F1]Deferred common stock units issued to the reporting person pursuant to the FuelCell Energy, Inc. Directors Deferred Compensation Plan. In accordance with elections made by the reporting person under the Directors Deferred Compensation Plan, the shares of common stock underlying the common stock units are payable to the reporting person, on a one-for-one basis (i.e., one share of common stock for each common stock unit), upon separation from service as a director.
- [F2]The Form 4 filed with the Securities and Exchange Commission on May 1, 2024 mistakenly reported the issuance of Director Restricted Stock Units, vesting on the date of the regularly scheduled annual meeting of the stockholders of the Issuer to be held in 2025. However, as noted in footnote 1 above, the shares of common stock underlying the equity award are not payable to the reporting person until separation from service as a director and should have been reported as Deferred Common Stock Units rather than Director Restricted Stock Units. Accordingly, this Form 4/A is being filed to clarify the deferred nature of this equity award.