Richard MacPherson - Jul 28, 2023 Form 4 Insider Report for Midwest Energy Emissions Corp. (MEEC)

Role: President and CEO, Director
Signature: /s/ Richard MacPherson
Stock symbol: MEEC
Transactions as of: Jul 28, 2023
Transactions value $: $0
Form type: 4
Date filed: 8/1/2023, 04:21 PM
Previous filing: Jun 30, 2023
Next filing: Oct 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MEEC	Common Stock	Options Exercise	$2.8K	+16.5K	+0.14%	$0.17	11.8M	Jul 28, 2023	Direct	F1
transaction	MEEC	Common Stock	Tax liability	-$2.8K	-8.45K	-0.07%	$0.33	11.8M	Jul 28, 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	-16.5K	-100%	$0.00^*	0	Jul 28, 2023	Common Stock	16.5K	$0.17	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 16,458 shares of common stock, pursuant to which 8,451 shares were withheld by the Issuer with a VWAP of $0.3311 per share to pay the exercise price of $0.17 per share, resulting in 8,007 shares of common stock being issued to the Reporting Person on a net basis.