SEC Form 4 · accession 0001104659-15-066092
Clean Energy Fuels Corp. · CLNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew J Littlefair
Officer — CEO and President · Director
Period of report
Sep 17, 2015
Accepted (ET)
Sep 18, 2015 · 8:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001368265
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 17, 2015 | M | 15,126 | — | A | 665,150 | D | |
| Common Stock | Sep 17, 2015 | F | 7,893 | $4.97 | D | 657,257 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Sep 17, 2015 | M | 15,126 | D | — | — | Common Stock | 15,126 | 15,126 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock upon the vesting and settlement of the RSUs.
- F2Shares were withheld by the Issuer to pay the tax withholding obligations that arose upon vesting of the RSU.
- F3On September 17, 2013, the reporting person was awarded 45,836 RSUs. Pursuant to the terms of the related Restricted Stock Award Agreement, 15,584 of the total RSUs vested on the first anniversary of the date of grant, and 15,126 of the total RSUs vest on each anniversary thereafter until the RSUs are fully vested.