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PLUG POWER INC Director's Dealing 2020

Jan 15, 2020

31473_dirs_2020-01-15_5cf5d93d-b2bf-405d-8c54-3f907f4e0bce.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PLUG POWER INC (PLUG)
CIK: 0001093691
Period of Report: 2020-01-13

Reporting Person: Conway Gerard L JR (Gen.Counsel, Corp. Sec.,Sr. VP)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-01-13 Plug Power Common Stock M 16666 $2.17 Acquired 62961 Direct
2020-01-13 Plug Power Common Stock M 33333 $0.37 Acquired 96294 Direct
2020-01-13 Plug Power Common Stock M 50000 $1.72 Acquired 146294 Direct
2020-01-13 Plug Power Common Stock S 99999 $4.257 Disposed 46295 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-01-13 Stock Option (right to buy) $2.17 M 16666 Disposed 2021-12-13 Common Stock (16666) Direct
2020-01-13 Stock Option (right to buy) $0.37 M 33333 Disposed 2023-07-24 Common Stock (33333) Direct
2020-01-13 Stock Option (right to buy) $1.72 M 50000 Disposed 2026-08-09 Common Stock (50000) Direct

Footnotes

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

F2: This transaction was executed in multiple trades at prices ranging from $4.25 to $4.265. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F3: 50,000 options were granted on December 13, 2011 and vested as follows: 16,667 options vested on December 13, 2012; 16,667 options vested on December 13, 2013; and 16,666 options vested on December 13, 2014.

F4: 200,000 options were granted on July 24, 2013 and vested as follows: 66,667 options vested on July 24, 2014, 66,667 options vested on July 24, 2015 and 66,666 options vested on July 24, 2016.

F5: 150,000 options were granted on August 9, 2016 and vested as follows: 50,000 options vested on August 9, 2017, 50,000 options vested on August 9, 2018 and 50,000 options vested on August 9, 2019.