Michael S. Bishop - 24 Nov 2021 Form 4 Insider Report for FUELCELL ENERGY INC (FCEL)

Role: EVP, CFO & Treasurer
Signature: /s/ Michael S. Bishop
Issuer symbol: FCEL
Transactions as of: 24 Nov 2021
Net transactions value: -$84,144
Form type: 4
Filing time: 29 Nov 2021, 17:23:17 UTC
Previous filing: 26 Aug 2021
Next filing: 14 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FCEL	Common Stock	Sale	$55,440	-6,000	-21%	$9.24	22,761	24 Nov 2021	Direct	F1
transaction	FCEL	Common Stock	Options Exercise	$0	+9,609	+42%	$0.000000	32,370	24 Nov 2021	Direct	F2
transaction	FCEL	Common Stock	Tax liability	$28,704	-3,012	-9.3%	$9.53	29,358	24 Nov 2021	Direct	F3

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	FCEL	Employee Restricted Stock Unit	Options Exercise	$0	-9,609	-33%	$0.000000	19,220	24 Nov 2021	Common Stock	9,609	$0.000000	Direct	F2, F4

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

Explanation of Responses:

Id	Content
F1	The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2	Restricted stock units were converted into common stock on a one-for-one basis.
F3	Represents shares withheld to satisfy tax obligations upon the vesting of Restricted Stock Units.
F4	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.