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PLUG > SEC Filings for PLUG > Form 8-K on 20-Jun-2013All Recent SEC Filings

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Other Events

Item 8.01. Other Events.

As previously reported on the Current Report on Form 8-K filed on May 20, 2013, on May 16, 2013, Plug Power Inc. (the "Company") filed a Certificate of Designations of Series C Redeemable Convertible Preferred Stock (the "Certificate of Designations") with the Secretary of State of the State of Delaware establishing the rights, preferences, privileges, qualifications, restrictions and limitations regarding the Company's Series C Redeemable Convertible Preferred Stock, par value $0.01 per share (the "Series C Preferred Stock"). The Series C Preferred Stock is entitled to receive dividends at a rate of 8% per annum payable in equal quarterly installments in cash or in shares of the Company's common stock, par value $0.01 per share ("Common Stock"), at the Company's option. A copy of the Certificate of Designations was filed with the Current Report on Form 8-K, filed on May 20, 2013, as Exhibit 3.1.

On June 11, 2013, the Company declared the issuance of a dividend on the Series C Preferred Stock payable in shares of Common Stock. On June 17, 2013 an aggregate of 39,324 shares of Common Stock were paid to holders of record of the Series C Preferred Stock at the close of business on June 15, 2013. The Company paid cash in lieu of any fractional shares resulting from the dividend.

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