MacPherson Richard 4
4 · Midwest Energy Emissions Corp. · Filed Jun 26, 2024
Insider Transaction Report
Form 4
MacPherson Richard
DirectorPresident and CEO10% Owner
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2024-06-24−1,500,000→ 0 totalExercise: $0.27From: 2019-06-28Exp: 2024-06-28→ Common Stock (1,500,000 underlying) - Exercise/Conversion
Common Stock
2024-06-24$0.27/sh+1,500,000$405,000→ 13,317,947 total - Tax Payment
Common Stock
2024-06-24$0.66/sh−613,544$405,000→ 12,704,403 total
Footnotes (1)
- [F1]Reflects shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option to acquire 1,500,000 shares of common stock, pursuant to which 613,544 shares were withheld by the Issuer with a VWAP of $0.6601 per share to pay the exercise price of $0.27 per share, resulting in 886,456 shares of common stock being issued to the Reporting Person on a net basis.