Mark Feasel - Mar 24, 2023 Form 4 Insider Report for FUELCELL ENERGY INC (FCEL)

Role
EVP & Ch. Commercial Officer
Signature
/s/ Michael S. Bishop, as Power of Attorney
Stock symbol
FCEL
Transactions as of
Mar 24, 2023
Transactions value $
-$75,358
Form type
4
Date filed
3/27/2023, 04:56 PM
Previous filing
Dec 14, 2022
Next filing
Dec 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCEL Common Stock Options Exercise $0 +83.5K +1692.54% $0.00 88.4K Mar 24, 2023 Direct F1
transaction FCEL Common Stock Tax liability -$75.4K -27K -30.55% $2.79 61.4K Mar 24, 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FCEL Employee Restricted Stock Unit Options Exercise $0 -83.5K -50% $0.00 83.5K Mar 24, 2023 Common Stock 83.5K $0.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units were converted into common stock on a one-for-one basis.
F2 Represents shares withheld to satisfy tax obligations upon the vesting of restricted stock units.
F3 On May 16, 2022, the reporting person was granted restricted stock units, which vest 50% on each of March 24, 2023 and March 25, 2024, subject to continued employment through such dates.