“My optimism about the fuel cell industry continues to grow, and I look forward in increasing my position in the industry’s undeniable leader,” said Plug Power’s CEO, Andy Marsh. “The world is going electric – and Plug Power is at the forefront of defining the place for hydrogen fuel cells.
Now is the time.“
On or about March 7, 2019, Andrew Marsh, President and Chief Executive Officer and a director of Plug Power Inc. (the “Company”), plans to adopt a stock trading plan in accordance with Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended (the “Exchange Act”), to purchase shares of the Company’s common stock. Under Mr. Marsh’s proposed Rule 10b5-1 plan, a broker will purchase up to $30,000 of shares of the Company’s common stock at prevailing market prices with a maximum price per share of $10.00 during the period commencing on or about March 11, 2019 and ending on or about March 6, 2020. Purchase transactions under Mr. Marsh’s 10b5-1 plan will be reported to the Securities and Exchange Commission in accordance with applicable securities laws, rules and regulations. The 10b5-1 plan adopted by Mr. Marsh is intended to comply with Rule 10b5-1 of the Exchange Act and the Company’s Insider Trading Policy, which permits officers, directors or employees who are not then in possession of material non-public information to enter into a pre-arranged plan for buying or selling Company stock under specified conditions and at specified times. Additional details of the plan will be provided at the time of Mr. Marsh’s adoption of the plan.