Plug Power director awarded stock and options
PLUG POWER INC director Patrick Joggerst reported new equity awards.
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Rhea-AI Filing Summary
PLUG POWER INC director Patrick Joggerst reported new equity awards. He received a restricted stock award of 39,753 shares of Common Stock under the 2021 Stock Option and Incentive Plan, in line with the Non-Employee Director Compensation Plan.
The restricted stock vests in full on the first anniversary of the June 11, 2026 grant date, subject to his continued board service. He was also granted a stock option for 39,753 shares at an exercise price of $2.83 per share, expiring on June 11, 2036, which also vests in full after one year. Following these awards, he directly holds 245,540 shares of Common Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 39,753 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 39,753 | $0.00 | $0.00 |
Footnotes (3)
- F1. Consists of a restricted stock award made pursuant to the Plug Power Inc. 2021 Stock Option and Incentive Plan, as amended, in accordance with the Non-Employee Director Compensation Plan. The restricted stock shall vest in full on the first anniversary of the grant date, subject to the Reporting Person's continued service on such vesting date.
- F2. Stock option granted pursuant to the Plug Power Inc. 2021 Stock Option and Incentive Plan, as amended, in accordance with the Non-Employee Director Compensation Plan.
- F3. The options shall vest in full on the first anniversary of the grant date, subject to the Reporting Person's continued service on such vesting date.
Key Figures
Key Terms
restricted stock award financial
2021 Stock Option and Incentive Plan financial
Non-Employee Director Compensation Plan financial
Stock option (Right to Buy) financial
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