Plug Power appoints Dean Fullerton as COO with $550k salary, $275k bonus, 1M options

PLUG POWER INC

Dean Fullerton appointed as COO effective July 29, 2024; previously VP Global Engineering at Amazon.
Annual base salary of $550,000; sign-on bonus of $275,000 with repayment terms if leaving within 2 years.
Inducement grant of 1,000,000 stock options at $2.47 exercise price; 500,000 shares vest only if stock reaches $7.50 by April 30, 2025.
2024 annual bonus guaranteed at 100% of base salary ($550,000).
Eligibility for relocation assistance and standard employee benefits.

item 5.02 item 9.01

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Appointed

Dean C. Fullerton

Chief Operating Officer

PLUG · PLUG POWER INC

Effective: 2024-07-29
Filed: August 2, 2024, 7:59 PM ET

On July 29, 2024, Dean C. Fullerton was appointed as the Chief Operating Officer of Plug Power Inc.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Dean C. Fullerton was appointed as Chief Operating Officer at PLUG POWER INC.

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On July 29, 2024, Dean C. Fullerton was appointed as the Chief Operating Officer of Plug Power Inc.

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Source: SEC EDGAR

accession 0001104659-24-085395

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