PLUG POWER INC — Director's Dealing 2014

Aug 28, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PLUG POWER INC (PLUG)
CIK: 0001093691
Period of Report: 2014-08-26

Reporting Person: Air Liquide Investissements d'Avenir et de Demonstration (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-26	Common Stock, par value $0.01 per share	C	5521676	—	Acquired	5561000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-26	Series C Redeemable Convertible Preferred Stock	$	C	5200	Disposed		Common Stock, par value $0.01 per share (5521676)	Direct

Footnotes

F1: Xavier Pontone serves on the board of directors of Plug Power Inc. as the representative of Air Liquide Investissements d'Avenir et de Demonstration.

F2: 5,521,676 shares of Common Stock were acquired on conversion on August 26, 2014 of 5,200 shares of the Series C Redeemable Convertible Preferred Stock acquired on May 16, 2013. At the current exchange rate of .2343 per share, each share of Series C Redeemable Convertible Preferred Stock is convertible into 1,061.86086214255 shares of Common Stock.

F3: The Series C Redeemable Convertible Preferred Stock does not have an expiration date.

F4: Pursuant to a Securities Purchase Agreement dated as of May 8, 2013, Air Liquide Investissements d'Avenir et de Demonstration purchased 10,431 shares of Series C Redeemable Convertible Preferred Stock for EURO 2,000,000.