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4//SEC Filing

GlyEco, Inc. 4

Accession 0001615774-17-001487

CIK 0000931799operating

Filed

Apr 3, 8:00 PM ET

Accepted

Apr 4, 4:25 PM ET

Size

5.5 KB

Accession

0001615774-17-001487

Insider Transaction Report

Form 4
Period: 2017-03-31
Ide David
Director
Transactions
  • Award

    Restricted Common Stock

    2017-03-31$0.12/sh+16,667$2,0002,025,022 total
Footnotes (2)
  • [F1]Restricted common stock was acquired pursuant to the Company's Equity Incentive Program.
  • [F2]Total does not include 3,200,906 unvested shares of Common Stock granted pursuant to Mr. Rhodes' Employment Agreement. Of these shares, 1,000,000 shares may vest % upon the Company's common stock maintaining a $0.20 share stock price for a thirty trading VWAP duration, and 2,200,906 shares may vest upon the Company's common stock achieving certain 30 trading day volume weighted average prices, as follows: 20% will vest at $0.30 per share, 30% will vest at $0.40 per share, 30% will vest at $0.50 per share, and 20% will vest at $0.60 per share.

Issuer

GlyEco, Inc.

CIK 0000931799

Entity typeoperating
IncorporatedNV

Related Parties

1
  • filerCIK 0000931799

Filing Metadata

Form type
4
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 4:25 PM ET
Size
5.5 KB