Andrew J. Littlefair - 27 Feb 2025 Form 4 Insider Report for Clean Energy Fuels Corp. (CLNE)

Role: CEO AND PRESIDENT, Director
Signature: /s/ Marilyn Vu-Tran, Attorney-in-Fact for Andrew J. Littlefair
Issuer symbol: CLNE
Transactions as of: 27 Feb 2025
Net transactions value: $0
Form type: 4
Filing time: 03 Mar 2025, 18:10:04 UTC
Previous filing: 06 Mar 2024
Next filing: 05 Mar 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLNE	Common Stock	Award	$0	+212,500	+14%	$0.000000	1,775,050	27 Feb 2025	Direct	F1, F2

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	CLNE	Performance Rights	Award	$0	+106,250		$0.000000	106,250	27 Feb 2025	Common Stock	106,250		Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon the vesting and settlement of the RSU.
F2	The RSUs will vest as to 34% on the first anniversary of the grant date and as to 33% on each of the second and third anniversaries of the grant date.
F3	Represents a target number of price hurdle performance stock units. These performance stock units will vest in installments upon the Company's common stock achieving specified price per share targets ranging from 1.25 to 2.0 times the Company's price per share on the grant date during a three-year performance period. If the minimum price per share target is not achieved prior to the end of the three-year performance period, none of the performance stock units will vest.