PLUG POWER INC — Director's Dealing 2020

Jun 26, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PLUG POWER INC (PLUG)
CIK: 0001093691
Period of Report: 2020-06-23

Reporting Person: Marsh Andrew (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-23	Plug Power Common Stock	M	150566	$2.43	Acquired	254978	Direct
2020-06-23	Plug Power Common Stock	M	105041	$2.14	Acquired	306019	Direct
2020-06-23	Plug Power Common Stock	S	255607	$7.0029	Disposed	104412	Direct
2020-06-24	Plug Power Common Stock	M	599434	$2.43	Acquired	703846	Direct
2020-06-24	Plug Power Common Stock	M	361625	$2.14	Acquired	1065471	Direct
2020-06-24	Plug Power Common Stock	S	961059	$7.3039	Disposed	104412	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-23	Stock Option (Right to Buy)	$2.43	M	150566	Disposed	2025-07-23	Common Stock (150566)	Direct
2020-06-23	Stock Option (Right to Buy)	$2.14	M	105041	Disposed	2027-08-31	Common Stock (105041)	Direct
2020-06-24	Stock Option (Right to Buy)	$2.43	M	599434	Disposed	2025-07-23	Common Stock (599434)	Direct
2020-06-24	Stock Option (Right to Buy)	$2.14	M	361625	Disposed	2027-08-31	Common Stock (361625)	Direct

Footnotes

F1: Shares sold pursuant to a pre-established 10b5-1 trading plan.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.00 to $7.029, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.071 to $7.43, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.

F4: The stock option granted to the reporting person is fully vested and exercisable as of the date hereof.

F5: 466,666 options vested on August 31, 2018, 466,667 options vested on August 31, 2019 and 466,667 options vest on August 31, 2020.