GlyEco, Inc. 4
4 · GlyEco, Inc. · Filed Feb 24, 2016
Insider Transaction Report
Form 4
GlyEco, Inc.GLYE
Jaap Michael Charles
Director
Transactions
- Award
Restricted Common Stock
2016-02-01$0.08/sh+750,000$60,000→ 1,063,042 total
Footnotes (1)
- [F1]Restricted common stock is granted under the Company's Fiscal Year 2016 Director Compensation Plan, priced at the close on February 1, 2016, and will vest upon the Company's stock price maintaining a $0.12 per share stock price for a 30 trading day Volume Weighted Average Price (VWAP) duration or the Company becoming EBITDA positive for one full fiscal quarter.