4/A: Clean Energy Fuels Corp. Director Corrects Stock Option Exercise Price in Amended SEC Filing

A Clean Energy Fuels Corp. director, Lizabeth A. Ardisana, filed an amended SEC Form 4/A to correct the exercise price of a stock option grant.

Summary

• Lizabeth A. Ardisana, a director at Clean Energy Fuels Corp., filed an amended SEC Form 4/A.
• The amendment corrects an error in the original filing regarding the exercise price of a stock option.
• The stock option, granted on May 16, 2024, allows the purchase of 32,608 shares of common stock.
• The corrected exercise price is $2.62 per share.
• The original filing incorrectly stated the exercise price due to an administrative error.

Sentiment

Score: 7

Explanation: The document is a routine correction of an administrative error in a stock option grant, which is neither positive nor negative for the company's overall performance. The sentiment is neutral to slightly positive due to the correction of the error.

Industry Context

This filing is a routine disclosure related to stock options granted to a company director, which is common practice in publicly traded companies.

Comparison to Industry Standards

• Stock option grants are a standard form of compensation for directors and executives in publicly traded companies.
• The vesting period of one year is also a common practice to incentivize long-term performance.
• The exercise price is typically set at or above the market price at the time of the grant, which is not explicitly stated in this document.

Stakeholder Impact

• The correction of the stock option exercise price ensures accurate information for shareholders and other stakeholders.

Key Dates

Keywords

SEC Filing, Stock Option, Form 4/A, Clean Energy Fuels Corp, Director, Lizabeth A. Ardisana, Exercise Price, Amendment