PLUG POWER INC — Director's Dealing 2021

Jul 22, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PLUG POWER INC (PLUG)
CIK: 0001093691
Period of Report: 2021-05-09

Reporting Person: Shrestha Sanjay K (Chief Strategy Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-09	Common Stock	M	50000	—	Acquired	275000	Direct
2021-07-13	Common Stock	S	5700	$28.4325	Disposed	269300	Direct
2021-07-15	Common Stock	F	14154	$23.05	Disposed	255146	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-09	Restricted Stock Unit	$	M	50000	Disposed		Common Stock (50000)	Direct

Footnotes

F1: Each restricted stock unit is the equivalent of one share of Plug Power Inc. common stock.

F2: Shares sold pursuant to a pre-established 10b5-1 trading plan effective as of June 9, 2020.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.19 to $28.70, 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: Tendered to Issuer to satisfy tax withholding obligations of Reporting Person in connection with the Reporting Person's restricted stock unit award.

F5: On May 9, 2019, the Reporting Person was granted 150,000 restricted stock units, vesting in three substantially equal installments beginning on the first anniversary of the grant date. Each restricted stock unit is the equivalent of one share of Plug Power Inc. common stock.