Richard MacPherson - Feb 1, 2023 Form 4 Insider Report for Midwest Energy Emissions Corp. (MEEC)

Role
President and CEO, Director, 10%+ Owner
Signature
/s/ Richard MacPherson
Stock symbol
MEEC
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
4
Date filed
2/3/2023, 05:10 PM
Previous filing
Nov 10, 2022
Next filing
Jun 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEEC Common Stock Options Exercise $70K +250K +2.14% $0.28 11.9M Feb 1, 2023 Direct F1
transaction MEEC Common Stock Tax liability -$70K -140K -1.17% $0.50 11.8M Feb 1, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MEEC Stock Option (Right to Buy) Options Exercise $0 -250K -100% $0.00* 0 Feb 1, 2023 Common Stock 250K $0.28 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option to acquire 250,000 shares of common stock, pursuant to which 140,000 shares were withheld by the Issuer at a market price of $0.50 per share to pay the exercise price of $0.28 per share, resulting in 110,000 shares of common stock being issued to the Reporting Person on a net basis.