Michael Lisowski - 24 Aug 2022 Form 4 Insider Report for FUELCELL ENERGY INC (FCEL)

Role: EVP & Chief Operating Officer
Signature: /s/ Michael S. Bishop, as Power of Attorney
Issuer symbol: FCEL
Transactions as of: 24 Aug 2022
Net transactions value: -$7,611
Form type: 4
Filing time: 26 Aug 2022, 17:38:16 UTC
Previous filing: 01 Feb 2022
Next filing: 29 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FCEL	Common Stock	Options Exercise	$0	+5,492	+40%	$0.000000	19,106	24 Aug 2022	Direct	F1
transaction	FCEL	Common Stock	Tax liability	$7,611	-1,722	-9%	$4.42	17,384	24 Aug 2022	Direct	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	FCEL	Employee Restricted Stock Unit	Options Exercise	$0	-5,492	-50%	$0.000000	5,493	24 Aug 2022	Common Stock	5,492	$0.000000	Direct	F1, F3

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

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit represents a contingent right to receive one share of common stock upon vesting of the Restricted Stock Unit.
F2	Represents shares withheld to satisfy tax obligations upon the vesting of Restricted Stock Units.
F3	On August 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.