PLUG POWER INC — Director's Dealing 2020

Jun 9, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PLUG POWER INC (PLUG)
CIK: 0001093691
Period of Report: 2020-06-04

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-06-04	Plug Power Common Stock	M	38786	$1.72	Acquired	208343	Direct
2020-06-04	Plug Power Common Stock	S	103931	$5.00	Disposed	104412	Direct
2020-06-05	Plug Power Common Stock	M	358378	$1.72	Acquired	462790	Direct
2020-06-05	Plug Power Common Stock	S	358378	$5.0271	Disposed	104412	Direct
2020-06-08	Plug Power Common Stock	M	190336	$1.72	Acquired	294748	Direct
2020-06-08	Plug Power Common Stock	M	466666	$2.14	Acquired	761414	Direct
2020-06-08	Plug Power Common Stock	S	657002	$5.0259	Disposed	104412	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-06-04	Stock Option (right to buy)	$1.72	M	38786	Disposed	2026-08-09	Common Stock (38786)	Direct
2020-06-05	Stock Option (right to buy)	$1.72	M	358378	Disposed	2026-08-09	Common Stock (358378)	Direct
2020-06-08	Stock Option (right to buy)	$1.72	M	190336	Disposed	2026-08-09	Common Stock (190336)	Direct
2020-06-08	Stock Option (right to buy)	$2.14	M	466666	Disposed	2027-08-31	Common Stock (466666)	Direct

Footnotes

F1: Shares sold pursuant to a pre-established 10b5-1 trading plan effective as of March 17, 2020.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.00 to $5.10, 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 $5.00 to $5.135, 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.