ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

FCEL FuelCell Energy Inc

0.8661
-0.0327 (-3.64%)
After Hours
Last Updated: 00:55:12
Delayed by 15 minutes
Share Name Share Symbol Market Type
FuelCell Energy Inc NASDAQ:FCEL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0327 -3.64% 0.8661 0.866 0.867 0.9299 0.836 0.9299 60,464,204 00:55:12

Statement of Changes in Beneficial Ownership (4)

27/11/2020 1:35pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Few Jason
2. Issuer Name and Ticker or Trading Symbol

FUELCELL ENERGY INC [ FCEL ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
CEO
(Last)          (First)          (Middle)

C/O FUELCELL ENERGY, INC., 3 GREAT PASTURE ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

11/24/2020
(Street)

DANBURY, CT 06810
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Restricted Stock Unit $0 (1)11/24/2020  A   85417     (2) (2)Common Stock 85417 $0 85417 D  
Employee Performance Share Unit $0 11/24/2020  A   79317     (3) (3)Common Stock 79317 $0 79317 D  
Employee Performance Share Unit $0 11/24/2020  A   79317     (4) (4)Common Stock 79317 $0 79317 D  

Explanation of Responses:
(1) Each Restricted Stock Unit represents a contingent right to receive one share of common stock upon vesting of the Restricted Stock Unit.
(2) On November 24, 2020, the reporting person was granted restricted stock units, which vest 1/3 on each of the first, second and third anniversaries of the date of grant, subject to continued employment.
(3) On November 24, 2020, the reporting person was granted performance shares which will be earned based on performance over the three-year performance period ending October 31, 2023, subject to continued employment until the third anniversary of the grant date. The performance goal is the TSR of the Company relative to the TSR of the Russell 2000 during the performance period. The maximum number of performance shares that can be earned based on performance is two times the target number reported in the table above.
(4) On November 24, 2020, the reporting person was granted performance shares which will be earned based on performance over the three-year performance period ending October 31, 2023, subject to continued employment until the third anniversary of the grant date. The performance goal is an increase in the Company's stock price during the performance period. The maximum number of performance shares that can be earned based on performance is two times the target number reported in the table above.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Few Jason
C/O FUELCELL ENERGY, INC.
3 GREAT PASTURE ROAD
DANBURY, CT 06810
X
CEO

Signatures
/s/ Jacqueline Perez-Ares, As Power of Attorney11/27/2020
**Signature of Reporting PersonDate

1 Year FuelCell Energy Chart

1 Year FuelCell Energy Chart

1 Month FuelCell Energy Chart

1 Month FuelCell Energy Chart

Your Recent History

Delayed Upgrade Clock