PLUG POWER INC — Director's Dealing 2017

Jul 7, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PLUG POWER INC (PLUG)
CIK: 0001093691
Period of Report: 2017-03-15

Reporting Person: FiveT Capital Holdings AG (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-15	Series C Redeemable Convertible Preferred Stock	$0	A	8455	Acquired		Common Stock (8455)	Direct
2017-03-15	Series C Redeemable Convertible Preferred Stock	$0	A	4203	Acquired		Common Stock (4203)	Indirect
2017-06-15	Series C Redeemable Convertible Preferred Stock	$0	A	4187	Acquired		Common Stock (4187)	Direct
2017-06-15	Series C Redeemable Convertible Preferred Stock	$0	A	2081	Acquired		Common Stock (2081)	Indirect

Footnotes

F1: The Series C Redeemable Convertible Preferred Stock (the "Series C Preferred Stock") is convertible at any time at the option of the holder into shares of the Issuer's Common Stock at a conversion price per share of $0.2343, subject to certain adjustments. The Series C Preferred Stock has no expiration date.

F2: On March 15, 2017, FiveT Capital Holdings AG, a limited liability company existing under the laws of Switzerland ("FiveT Capital Holdings"), and Five More Special Situations Fund Limited, a Cayman Islands company ("FiveMore Fund"), acquired 8,455 shares and 4,203 shares, respectively, of the Series C Preferred Stock for payment of a dividend; and on June 15, 2017, FiveT Capital Holdings and FiveMore Fund, acquired 4,187 shares and 2,081 shares, respectively, of the Series C Preferred Stock for payment of a dividend.

F3: These shares are held directly by FiveT Capital Holdings.

F4: These shares are held directly by FiveMore Fund. FiveT Capital AG ("FiveT Capital"), a wholly-owned subsidiary of FiveT Capital Holdings, provides investment advisory services to FiveMore Fund.

F5: Johannes Minho Roth is the Managing Director of FiveT Capital Holdings and has equity interests in each of FiveT Capital Holdings and FiveMore Fund. Mr. Roth is a member of the Board of Directors of the Issuer. Each of FiveT Capital Holdings, FiveT Capital and FiveMore Fund disclaims beneficial ownership of the shares of Series C Preferred Stock, except to the extent of its respective pecuniary interest therein, if any, and this report shall not be deemed an admission that it is the beneficial owner of any of such shares.