4//SEC Filing
Meeks Parker Stewart 4
Accession 0001628280-24-030874
CIK 0001716583other
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 4:57 PM ET
Size
11.8 KB
Accession
0001628280-24-030874
Insider Transaction Report
Form 4
Meeks Parker Stewart
Chief Strategy Officer
Transactions
- Tax Payment
Class A Common Stock, par value $0.0001 per share
2024-06-30$0.32/sh−243,889$78,044→ 690,998 total - Exercise/Conversion
Class A Common Stock, par value $0.0001 per share
2024-06-30+619,793→ 934,887 total - Exercise/Conversion
Restricted Stock Units
2024-06-30−145,834→ 437,499 totalExercise: $0.00→ Class A Common Stock, par value $0.0001 per share (145,834 underlying) - Exercise/Conversion
Performance-Based Restricted Stock Units
2024-06-30−473,959→ 947,916 totalExercise: $0.00→ Class A Common Stock, par value $0.0001 per share (473,959 underlying)
Footnotes (4)
- [F1]Represents the number of shares required to be withheld by the Reporting Person to cover tax withholding obligations in connection with the vesting of PSUs and RSUs.
- [F2]Each Performance-Based Restricted Stock Unit (PSU) or Stock Restricted Stock Unit (RSU) represents a contingent right to receive one share of Hyzon Motors, Inc. Class A Common Stock.
- [F3]Restricted stock units vest pursuant to a four year vesting schedule, whereby one-fourth of the total number of shares vest each year on the anniversary of the Grant Date, subject to continued employment with the Issuer.
- [F4]Represents settlement of a performance-based restricted stock unit ("PSU") granted on June 30, 2023 ("Grant Date"). On March 6, 2024, the Company's Compensation Committee determined that 1,421,875 PSUs eligible to be earned by the Reporting Person have been earned based on a combination of Company goals, functional goals, and individual goals of such Reporting Person. Pursuant to the PSU agreement, for the PSUs that have been earned, one-third will vest on each of the first, second and third anniversaries of the Grant Date. Vesting is subject to the Reporting Person remaining in continuous service through the vesting date.
Documents
Issuer
Hyzon Motors Inc.
CIK 0001716583
Entity typeother
Related Parties
1- filerCIK 0001871139
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 4:57 PM ET
- Size
- 11.8 KB