Clean Energy Fuels CEO granted 250,000 RSUs
Clean Energy Fuels Corp. CEO and President Andrew J. Littlefair reported two equity-related transactions in the company’s common stock.
Rhea-AI Filing Summary
Clean Energy Fuels Corp. CEO and President Andrew J. Littlefair reported two equity-related transactions in the company’s common stock. He received a grant of 250,000 restricted stock units (RSUs) at no cost, each representing one future share upon vesting and settlement.
According to the footnotes, the RSUs vest as to 34% on the first anniversary of the grant date and 33% on each of the second and third anniversaries. In a separate transaction, 25,923 shares were withheld at $2.26 per share to cover tax obligations upon vesting of restricted stock, a tax-withholding disposition rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 250,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 25,923 | $2.26 | $59K |
Footnotes (3)
- F1. Represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock.
- F2. 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.
- F3. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CLNE CEO Andrew Littlefair report on this Form 4?
How many Clean Energy Fuels (CLNE) RSUs were granted to the CEO?
What is the vesting schedule for Andrew Littlefair’s new CLNE RSU award?
Were any of Andrew Littlefair’s CLNE transactions open-market sales or purchases?
What does transaction code “F” mean in Andrew Littlefair’s CLNE Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.