Pavlish John 4
4 · Midwest Energy Emissions Corp. · Filed Jun 26, 2024
Insider Transaction Report
Form 4
Pavlish John
Senior VP/Chief Tech Officer
Transactions
- Tax Payment
Common Stock
2024-06-24$0.66/sh−245,418$162,000→ 1,770,110 total - Exercise/Conversion
Stock Option (Right to Buy)
2024-06-24−600,000→ 0 totalExercise: $0.27From: 2019-06-28Exp: 2024-06-28→ Common Stock (600,000 underlying) - Exercise/Conversion
Common Stock
2024-06-24$0.45/sh+1,000,000$450,000→ 2,097,243 total - Exercise/Conversion
Common Stock
2024-06-24$0.27/sh+600,000$162,000→ 2,015,528 total - Exercise/Conversion
Stock Option (Right to Buy)
2024-06-24−1,000,000→ 0 totalExercise: $0.45From: 2015-11-16Exp: 2024-06-28→ Common Stock (1,000,000 underlying) - Tax Payment
Common Stock
2024-06-24$0.66/sh−681,715$450,000→ 1,415,528 total
Footnotes (2)
- [F1]Reflects shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option to acquire 1,000,000 shares of common stock, pursuant to which 681,715 shares were withheld by the Issuer with a VWAP of $0.6601 per share to pay the exercise price of $0.45 per share, resulting in 318,285 shares of common stock being issued to the Reporting Person on a net basis.
- [F2]Reflects shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option to acquire 600,000 shares of common stock, pursuant to which 245,418 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 354,582 shares of common stock being issued to the Reporting Person on a net basis.