SEC Form 4 · accession 0001104659-17-044054
PLUG POWER INC · PLUG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
FiveT Capital Holdings AG
Director
Period of report
Mar 15, 2017
Accepted (ET)
Jul 7, 2017 · 3:26 pm EDT
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 StockF2,F3,F5,F1 | $0.00 | Mar 15, 2017 | A | 8,455 | A | — | — | Common Stock | 8,455 | 1,866,711 | D |
| Series C Redeemable Convertible Preferred StockF2,F4,F5,F1 | $0.00 | Mar 15, 2017 | A | 4,203 | A | — | — | Common Stock | 4,203 | 928,022 | I |
| Series C Redeemable Convertible Preferred StockF2,F3,F5,F1 | $0.00 | Jun 15, 2017 | A | 4,187 | A | — | — | Common Stock | 4,187 | 1,870,898 | D |
| Series C Redeemable Convertible Preferred StockF2,F4,F5,F1 | $0.00 | Jun 15, 2017 | A | 2,081 | A | — | — | Common Stock | 2,081 | 930,103 | I |
Explanation of responses
- F1The Series C Redeemable Convertible Preferred Stock (the "Series C Preferred Stock") is convertible at any time at the option of the holder into shares of the Issuer's Common Stock at a conversion price per share of $0.2343, subject to certain adjustments. The Series C Preferred Stock has no expiration date.
- F2On March 15, 2017, FiveT Capital Holdings AG, a limited liability company existing under the laws of Switzerland ("FiveT Capital Holdings"), and Five More Special Situations Fund Limited, a Cayman Islands company ("FiveMore Fund"), acquired 8,455 shares and 4,203 shares, respectively, of the Series C Preferred Stock for payment of a dividend; and on June 15, 2017, FiveT Capital Holdings and FiveMore Fund, acquired 4,187 shares and 2,081 shares, respectively, of the Series C Preferred Stock for payment of a dividend.
- F3These shares are held directly by FiveT Capital Holdings.
- F4These shares are held directly by FiveMore Fund. FiveT Capital AG ("FiveT Capital"), a wholly-owned subsidiary of FiveT Capital Holdings, provides investment advisory services to FiveMore Fund.
- F5Johannes Minho Roth is the Managing Director of FiveT Capital Holdings and has equity interests in each of FiveT Capital Holdings and FiveMore Fund. Mr. Roth is a member of the Board of Directors of the Issuer. Each of FiveT Capital Holdings, FiveT Capital and FiveMore Fund disclaims beneficial ownership of the shares of Series C Preferred Stock, except to the extent of its respective pecuniary interest therein, if any, and this report shall not be deemed an admission that it is the beneficial owner of any of such shares.