Groobey John Christopher 4
4 · FUELCELL ENERGY INC · Filed Apr 12, 2021
Insider Transaction Report
Form 4
Groobey John Christopher
Director
Transactions
- Exercise/Conversion
Common Stock
2021-04-08+23,810→ 84,979 total - Exercise/Conversion
Common Stock
2021-04-08+8,993→ 93,972 total - Sale
Common Stock
2021-04-09$12.56/sh−16,000$200,960→ 77,972 total - Exercise/Conversion
Director Restricted Stock Unit
2021-04-08−8,993→ 0 total→ Common Stock (8,993 underlying) - Award
Director Restricted Stock Unit
2021-04-08+5,919→ 5,919 total→ Common Stock (5,919 underlying) - Exercise/Conversion
Director Restricted Stock Unit
2021-04-08−23,810→ 0 total→ Common Stock (23,810 underlying)
Footnotes (6)
- [F1]Restricted stock units were converted into common stock on a one-for-one basis.
- [F2]The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F3]On May 8, 2020, the reporting person was granted restricted stock units, which (i) vest on the date of the regularly scheduled annual meeting of the stockholders of the Company to be held in 2021, and (ii) are to be settled in cash or in shares of the Company's common stock, at the discretion of the Compensation Committee, as the administrator under the Plan.
- [F4]On August 24, 2020, the reporting person was granted restricted stock units, which (i) vest on the date of the regularly scheduled annual meeting of the stockholders of the Company to be held in 2021, and (ii) are to be settled in cash or in shares of the Company's common stock, at the discretion of the Compensation Committee, as the administrator under the Plan.
- [F5]Each restricted stock unit represents a contingent right to receive one share of common stock or, at the election of the Compensation Committee, the cash value thereof.
- [F6]These RSUs (i) vest on the date of the regularly scheduled annual meeting of the stockholders of the Company to be held in 2022, and (ii) are to be settled in cash or in shares of the Company's common stock, at the discretion of the Compensation Committee, as the administrator under the Plan.