0000897069-23-001279.txt : 20230828 0000897069-23-001279.hdr.sgml : 20230828 20230828171653 ACCESSION NUMBER: 0000897069-23-001279 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230824 FILED AS OF DATE: 20230828 DATE AS OF CHANGE: 20230828 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Leo Anthony CENTRAL INDEX KEY: 0001779363 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14204 FILM NUMBER: 231217139 MAIL ADDRESS: STREET 1: C/O FUELCELL ENERGY, INC. STREET 2: 3 GREAT PASTURE ROAD CITY: DANBURY STATE: CT ZIP: 06810 FORMER NAME: FORMER CONFORMED NAME: leo Anthony DATE OF NAME CHANGE: 20190607 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: FUELCELL ENERGY INC CENTRAL INDEX KEY: 0000886128 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620] IRS NUMBER: 060853042 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 BUSINESS ADDRESS: STREET 1: 3 GREAT PASTURE RD CITY: DANBURY STATE: CT ZIP: 06813 BUSINESS PHONE: 2038256000 MAIL ADDRESS: STREET 1: 3 GREAT PASTURE ROAD CITY: DANBURY STATE: CT ZIP: 06813 FORMER COMPANY: FORMER CONFORMED NAME: ENERGY RESEARCH CORP /NY/ DATE OF NAME CHANGE: 19930328 4 1 form4.xml X0508 4 2023-08-24 0000886128 FUELCELL ENERGY INC FCEL 0001779363 Leo Anthony C/O FUELCELL ENERGY, INC. 3 GREAT PASTURE ROAD DANBURY CT 06810 true EVP & Chief Technology Officer false Common Stock 2023-08-24 4 M 0 2746 0 A 28710 D Common Stock 2023-08-24 4 F 0 861 1.33 D 27849 D Common Stock 2023-08-24 4 M 0 32952 0 A 60801 D Common Stock 2023-08-24 4 F 0 10328 1.33 D 50473 D Common Stock 2023-08-24 4 M 0 18601 0 A 69074 D Common Stock 2023-08-24 4 F 0 5830 1.33 D 63244 D Employee Restricted Stock Unit 2023-08-24 4 M 0 2746 0 D Common Stock 2746 0 D Employee Performance Share Unit 2023-08-24 4 M 0 32952 D Common Stock 32952 0 D Employee Performance Share Unit 2023-08-24 4 M 0 18601 D Common Stock 18601 0 D Restricted stock units were converted into common stock on a one for-one basis. Represents shares withheld to satisfy tax obligations upon the vesting of restricted stock units. Each performance share unit represents the right to receive a single share of common stock, and the number of performance shares that could be earned could range up to two times the reported target number of performance share units (which was 16,476). Represents shares withheld to satisfy tax obligations upon the vesting of performance share units. Each performance share unit represents the right to receive a single share of common stock, and the number of performance shares that could be earned could range up to two times the reported target number of performance share units (which was 16,476). 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. On August 24, 2020, the reporting person was granted performance shares which were based on performance over the three-year performance period ending October 31, 2022, subject to continued employment until the third anniversary of the grant date (August 24, 2023). The performance goal was an increase in the Company's stock price during the performance period. The maximum number of performance shares that could be earned based on performance was two times the target number previously reported (16,476). The Compensation Committee certified achievement at 200% of the target number, resulting in the award of 32,952 shares. On August 24, 2020, the reporting person was granted performance shares which were based on performance over the three-year performance period ended October 31, 2022, subject to continued employment until the third anniversary of the grant date (August 24, 2023). The performance goal was the TSR of the Company relative to the TSR of the Russell 2000 Index during the performance period. While the maximum number of performance shares that could have been earned based on performance was two times the target number previously reported (16,476), the Compensation Committee certified achievement at 112.9% of the target number, resulting in the award of 18,601 shares. /s/ Michael S. Bishop, As Power of Attorney 2023-08-28