4/A: Clean Energy Fuels Corp: Director Stephen Scully Corrects Stock Option Exercise Price in Amended SEC Filing
SEC Filing (Form 4/A)
Stephen Scully, a director at Clean Energy Fuels Corp, filed an amended SEC Form 4/A to correct an administrative error in the reported exercise price of a stock option.
Summary
- Stephen Scully, a director at Clean Energy Fuels Corp, filed an amended SEC Form 4/A.
- The amendment corrects the exercise price of a stock option granted on May 16, 2024, which was incorrectly reported in the original filing on May 20, 2024.
- The corrected exercise price for the stock option is $2.62.
- The stock option grants the right to buy 32,608 shares of common stock.
- 100% of the shares subject to the option fully vest on the first anniversary of the grant date, May 16, 2025.
- The option expires on May 15, 2034.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previously filed form, indicating a neutral sentiment. The correction of an error is a positive sign of transparency.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The correction of the exercise price ensures accurate information for shareholders regarding executive compensation.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of the original stock option grant and transaction date. |
| 05/20/2024 | Date of the original Form 4 filing which contained an error. |
| 05/16/2025 | Date when 100% of the shares subject to the option fully vest. |
| 05/15/2034 | Expiration date of the stock option. |
| 01/17/2025 | Date of the amended filing (Form 4/A). |
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