GlyEco, Inc. 4
4 · GlyEco, Inc. · Filed Jun 14, 2016
Insider Transaction Report
Form 4
GlyEco, Inc.GLYE
Ide David
Director
Transactions
- Award
Restricted Common Stock
2016-06-13$0.08/sh+812,500$65,000→ 2,433,689 total
Footnotes (1)
- [F1]As previously reported on a Form 4 filed on February 23, 2016, restricted common stock was granted under the Company's Fiscal Year 2016 Director Compensation, priced at the close on February 1, 2016, and is to 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. As of June 13, 2016, the Company's stock price maintained a $0.12 per share stock price for a 30 trading day VWAP, and therefore the restricted common stock has vested.