GlyEco, Inc. 4
4 · GlyEco, Inc. · Filed Jan 4, 2017
Insider Transaction Report
Form 4
GlyEco, Inc.GLYE
RHODES IAN
CFO
Transactions
- Purchase
Common Stock Purchase Warrant
2016-12-27+31,250→ 31,250 totalExercise: $0.08From: 2016-12-27Exp: 2019-12-27→ Common Stock (31,250 underlying) - Purchase
Common Stock Purchase Warrant
2016-12-27+125,000→ 125,000 total(indirect: By IRA)Exercise: $0.08From: 2016-12-27Exp: 2019-12-27→ Common Stock (125,000 underlying)
Footnotes (4)
- [F1]These warrants were issued in connection with a private placement offering of 8% Senior Unsecured Promissory Notes and warrants to purchase common stock by the Issuer on December 27, 2016.
- [F2]Held by custodian of an IRA for benefit of reporting person.
- [F3]A Common Stock Purchase Warrant entitling the Reporting Person to acquire an aggregate of 31,250 shares of the Issuer's Common Stock at an exercise price of $.08 per share was acquired by the Reporting Person as additional consideration pursuant to the December 27, 2016 Securities Purchase Agreement between the Reporting Person and the Issuer. No monetary value was ascribed to the warrant.
- [F4]A Common Stock Purchase Warrant entitling the custodian for the IRA of the Reporting Person to acquire an aggregate of 125,000 shares of the Issuer's Common Stock at an exercise price of $.08 per share was acquired by the Reporting Person as additional consideration pursuant to the December 27, 2016 Securities Purchase Agreement between the Reporting Person and the Issuer. No monetary value was ascribed to the warrant.