SEC Form 4 · accession 0001225208-18-007558
FUELCELL ENERGY INC · FCEL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael S. Bishop
Officer — Sr VP, CFO & Treasurer
Period of report
Apr 5, 2018
Accepted (ET)
Apr 9, 2018 · 6:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000886128
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 6, 2018 | M | 58,333 | $0.00 | A | 152,625 | D | |
| Common StockF2 | Apr 6, 2018 | F | 18,282 | $1.80 | D | 134,343 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Restricted Stock UnitF1,F4 | — | Apr 5, 2018 | A | 168,539 | A | — | — | Common Stock | 168,539 | 343,539 | D |
| Employee Restricted Stock UnitF1,F5 | — | Apr 5, 2018 | A | 100,000 | A | — | — | Common Stock | 100,000 | 443,539 | D |
| Employee Restricted Stock UnitF6,F1,F4 | — | Apr 6, 2018 | M | 58,333 | D | — | — | Common Stock | 58,333 | 385,206 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one share of common stock upon vesting of the Restricted Stock Unit.
- F2Represents shares netted for taxes pursuant to vesting of a portion of Restricted Stock Units granted on April 6, 2017.
- F3Awarded under the FuelCell Energy, Inc. 2018 Omnibus Incentive Plan.
- F4The Restricted Stock Units vest 1/3 on each of the first, second and third anniversaries of the date of grant, subject to continued employment.
- F5The Restricted Stock Units vest 100% on the third anniversary of the date of grant subject to continued employment.
- F6Represents shares distributed pursuant to vesting of a portion of Restricted Stock Units granted on April 6, 2017.