SEC Form 4 · accession 0001179110-17-000955
Clean Energy Fuels Corp. · CLNE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter J. Grace
Officer — SVP, Sales and Finance
Period of report
Jan 13, 2017
Accepted (ET)
Jan 13, 2017 · 7:31 pm EST
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 Stock | Jan 13, 2017 | A | 55,385 | $0.00 | A | 123,385 | D | |
| Common StockF2 | holding | — | — | — | 10,000 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $2.83 | Jan 13, 2017 | A | 75,936 | A | — | Jan 13, 2027 | Common Stock | 75,936 | 75,936 | D |
Explanation of responses
- F1Represents an award of restricted stock units ("RSUs") that vest as follows: 34% of the total shares subject to the RSUs vest upon the first anniversary of the date of grant and 33% vest on each anniversary thereafter until the RSUs are fully vested. Each RSU represents a contingent right to receive one share of the Issuer's common stock upon the vesting and settlement of the RSUs.
- F2The Reporting Person acquired beneficial ownership of these shares upon his marriage to the record holder of the shares on November 14, 2015. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F334% of the total shares subject to the stock option vest upon the first anniversary of the date of grant, and 33% vest on each anniversary thereafter until the stock option is fully vested.