SEC Form 4 · accession 0001104659-16-106960
PLUG POWER INC · PLUG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George C McNamee
Director
Period of report
Mar 18, 2016
Accepted (ET)
Mar 22, 2016 · 7:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001093691
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 18, 2016 | X | 96,774 | $0.93 | A | 390,631 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant (right to buy)F1,F3,F2 | $0.93 | Mar 18, 2016 | X | 96,774 | D | — | May 31, 2016 | Common Stock | 96,774 | 0 | D |
Explanation of responses
- F1This Warrant was previously reported as relating to 30,000 shares with an exercise price of $3.00 per share. As a result of the Warrant's adjustment provisions, the Warrant was adjusted to relate to 96,774 shares and an exercise price of $0.93 per share. This Warrant has been exercised in exchange for a cash payment by the reporting owner. This Warrant was acquired in 2011 in connection with the purchase of Issuer Common Stock, and it is being exercised prior to its expiration date of May 31, 2016. The Reporting Person intends to hold the shares of common stock.
- F2Warrant became exercisable upon issuance.
- F3As previously reported on February 12, 2015, the Reporting Person held a total of 96,774 exercisable Warrant shares. The total beneficially owned derivative securities reported at the time inadvertently included securities of a separate class, and, accordingly, such previously reported shares are now properly excluded.