0000897069-23-001683.txt : 20231128
0000897069-23-001683.hdr.sgml : 20231128
20231128164859
ACCESSION NUMBER: 0000897069-23-001683
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231124
FILED AS OF DATE: 20231128
DATE AS OF CHANGE: 20231128
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: 231447204
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
2023-11-24
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
2023-11-24
4
M
0
6051
0
A
69295
D
Common Stock
2023-11-24
4
F
0
1897
1.17
D
67398
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Common Stock
2023-11-24
4
M
0
33710
0
A
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Common Stock
2023-11-24
4
F
0
10565
1.17
D
90543
D
Common Stock
2023-11-24
4
M
0
12395
0
A
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D
Common Stock
2023-11-24
4
F
0
3885
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99053
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Employee Restricted Stock Unit
2023-11-24
4
M
0
6051
0
D
Common Stock
6051
0
D
Employee Performance Share Unit
2023-11-24
4
M
0
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D
Common Stock
33710
0
D
Employee Performance Share Unit
2023-11-24
4
M
0
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Common Stock
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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 16,855).
Represents shares withheld to satisfy tax obligations upon the vesting of performance share units.
Represents shares issued in settlement of earned performance share units.
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.
On November 24, 2020, the reporting person was granted performance shares which were based on performance over the three-year performance period ended October 31, 2023, subject to continued employment until the third anniversary of the grant date (November 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 (16,855). The Compensation Committee certified achievement at 200% of the target number, resulting in the award of 33,710 shares.
On November 24, 2020, the reporting person was granted performance shares which were based on performance over the three-year performance period ended October 31, 2023, subject to continued employment until the third anniversary of the grant date (November 24, 2023). The performance goal was the TSR of the Company relative to the TSR of the Russell 2000 Index during the performance period. The Compensation Committee certified achievement at 73.54% of the target number previously reported (16,855), resulting in the award of 12,395 shares.
/s/ Michael S. Bishop, As Power of Attorney
2023-11-28