FUELCELL ENERGY INC — Director's Dealing 2021

Apr 7, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FUELCELL ENERGY INC (FCEL)
CIK: 0000886128
Period of Report: 2021-04-05

Reporting Person: Bishop Michael S. (EVP, CFO & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-05	Common Stock	M	4682	—	Acquired	27223	Direct
2021-04-05	Common Stock	F	1468	$13.57	Disposed	25755	Direct
2021-04-05	Common Stock	M	8333	—	Acquired	34088	Direct
2021-04-05	Common Stock	F	2612	$13.57	Disposed	31476	Direct
2021-04-05	Common Stock	S	7000	$14.56	Disposed	24476	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-05	Employee Restricted Stock Unit	$0	M	4682	Disposed		Common Stock (4682)	Direct
2021-04-05	Employee Restricted Stock Unit	$0	M	8333	Disposed		Common Stock (8333)	Direct

Footnotes

F1: Restricted stock units were converted into common stock on a one-for-one basis.

F2: Represents shares withheld to satisfy tax obligations upon the vesting of Restricted Stock Units.

F3: The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F4: On April 5, 2018, the reporting person was granted restricted stock units, which vest 1/3 on each of the first, second and third anniversaries of the date of grant, subject to continued employment.

F5: On April 5, 2018, the reporting person was granted restricted stock units, which vest 100% on the third anniversary of the date of grant, subject to continued employment.