Gu Zhijun 4/A
4/A · Hyzon Motors Inc. · Filed Dec 22, 2023
Insider Transaction Report
Form 4/AAmended
Gu Zhijun
DirectorExecutive Chairman
Transactions
- Other
T-Shares
2023-12-20$0.00/sh+13,844,045$13,844→ 13,844,045 totalExercise: $0.00→ Class A Common Stock, par value $0.0001 per share (13,844,045 underlying) - Other
Class A Common Stock, par value $0.0001 per share
2023-12-20$0.00/sh+1,866,109$1,866→ 2,087,609 total
Holdings
- 5,537,500
Employee Stock Options
Exercise: $0.00→ Class A Common Stock, par value $0.0001 per share (5,537,500 underlying)
Footnotes (3)
- [F1]The disposition of the shares of Class A Common Stock, par value $0.0001 per share ("Shares"), of Hyzon Motors Inc. (the "Issuer") reported herein was in connection a restructuring (the "Restructuring") of Horizon Fuel Cell Technologies Pte. Ltd. ("Horizon"), which indirectly through subsidiaries owns a majority of the Issuer, pursuant to which Horizon and Hymas Pte. Ltd., an indirect subsidiary of Horizon ("Hymas"), sold or otherwise transferred Shares (or rights to acquire Shares) to certain of their securityholders and affiliates thereof. The acquired shares were purchased directly from Hymas in the Restructuring.
- [F2]Employee stock options under the Hyzon Motors Inc. 2020 Stock Incentive Plan, granted on November 12, 2020; options vested on January 4, 2021 and will expire on December 30, 2035.
- [F3]The securities reported herein are shares of tracking stock intended to track the financial performance of the Shares ("T-Shares"). Mr. Gu acquired these T-Shares from Horizon pursuant to the Restructuring. Such T-Shares are exchangeable for Shares during specified exercise windows at the election of the holder based on an exchange ratio of one T-Share for one Share. On the tenth anniversary of their issuance, any outstanding T-Shares will be automatically exchanged for Shares.