James AC McDermott - 16 Jul 2021 Form 4 Insider Report for Hyzon Motors Inc. (HYZN)

Role
Director
Signature
/s/ James AC McDermott
Issuer symbol
HYZN
Transactions as of
16 Jul 2021
Net transactions value
$0
Form type
4
Filing time
20 Jul 2021, 21:23:48 UTC
Next filing
10 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HYZN Class A Common Stock Conversion of derivative security +331,950 331,950 16 Jul 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HYZN Class B Common Stock Conversion of derivative security -331,950 -100% 0 16 Jul 2021 Class A Common Stock 331,950 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

James AC McDermott is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In connection with the closing of the business combination between Decarbonization Plus Acquisition Corporation ("DCRB"), DCRB Merger Sub Inc. and Hyzon Motors Inc. on July 16, 2021, the Reporting Person's shares of Class B Common Stock automatically converted into shares of Class A Common Stock on a one-for-one basis. Upon consummation of the business combination, DCRB changed its name to "Hyzon Motors Inc."
F2 The shares of Class B Common Stock were automatically convertible into shares of Class A Common Stock at the time of DCRB's initial business combination on a one-for-one basis, subject to adjustment pursuant to certain anti-dilution rights (which rights were waived by the Reporting Person in connection with the business combination), and had no expiration date.