Decarbonization Plus Acquisition Sponsor, LLC - Jul 16, 2021 Form 4 Insider Report for Hyzon Motors Inc. (HYZN)

Role
10%+ Owner
Signature
Decarbonization Plus Acquisition Sponsor, LLC, /s/ Peter Haskopoulos, [Managing Director]
Stock symbol
HYZN
Transactions as of
Jul 16, 2021
Transactions value $
$0
Form type
4
Date filed
7/20/2021, 09:23 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYZN Class A Common Stock Conversion of derivative security +4.59M 4.59M Jul 16, 2021 See footnotes F1, F3, F4

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 HYZN Class B Common Stock Conversion of derivative security -4.59M -100% 0 Jul 16, 2021 Class A Common Stock 4.59M See footnotes F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Decarbonization Plus Acquisition Sponsor, LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In connection with the closing of the business combination between Decarbonization Plus Acquisition Corporation ("DCRB"), DCRB Merger Sub Inc. and Hyzon Motors Inc. on July 16, 2021, the Reporting Person's shares of Class B Common Stock automatically converted into shares of Class A Common Stock on a one-for-one basis. Upon consummation of the business combination, DCRB changed its name to "Hyzon Motors Inc."
F2 The shares of Class B Common Stock were automatically convertible into shares of Class A Common Stock at the time of DCRB's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights (which rights were waived by the Reporting Person in connection with the business combination), and had no expiration date.
F3 Decarbonization Plus Acquisition Sponsor, LLC is the record holder of the shares reported herein. David M. Leuschen and Pierre F. Lapeyre, Jr. are the managing directors of Riverstone Holdings LLC, which controls Decarbonization Plus Acquisition Sponsor, LLC.
F4 Each of Riverstone Holdings, LLC, Mr. Leuschen and Mr. Lapeyre may be deemed to have or share beneficial ownership of the common stock held directly by Decarbonization Plus Acquisition Sponsor, LLC. Each such entity or person disclaims any such beneficial ownership of such securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.