SEC Form 4 · accession 0001019056-17-000065
PLUG POWER INC · PLUG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Period of report
Jan 26, 2017
Accepted (ET)
Jan 30, 2017 · 4:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001093691
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series C Redeemable Convertible Preferred StockF1,F2 | — | Jan 26, 2017 | S | 1,750 | D | May 8, 2014 | — | Common Stock, par value $0.01 per share | 1,858,257 | 3,481 | D |
| Series C Redeemable Convertible Preferred StockF1,F2 | — | Jan 26, 2017 | S | 870 | D | May 8, 2014 | — | Common Stock, par value $0.01 per share | 923,819 | 2,611 | D |
Explanation of responses
- F1This Form 4 reports the sale to two buyers of a total of 2,620 shares of Series C Redeemable Convertible Preferred Stock originally acquired on May 16, 2013. At the current conversion rate of 0.2343 per share, each share of Series C Redeemable Convertible Preferred Stock is convertible into 1,061.86086214255 shares of Common Stock.
- F2The Series C Redeemable Convertible Preferred Stock does not have an expiration date.
Remarks
Xavier Pontone serves on the board of directors of Plug Power Inc. as the representative of Air Liquide Investissements d'Avenir et de Demonstration.