Richard MacPherson - 29 Sep 2023 Form 4 Insider Report for Midwest Energy Emissions Corp. (BCHT)

Role: President and CEO, Director, 10%+ Owner
Signature: /s/ Richard MacPherson
Issuer symbol: BCHT
Transactions as of: 29 Sep 2023
Net transactions value: -$0.3475
Form type: 4
Filing time: 02 Oct 2023, 15:18:17 UTC
Previous filing: 01 Aug 2023
Next filing: 02 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MEEC	Common Stock	Options Exercise	$4,279	+16,458	+0.14%	$0.2600	11,820,504	29 Sep 2023	Direct	F1
transaction	MEEC	Common Stock	Tax liability	$4,279	-10,903	-0.09%	$0.3925	11,809,601	29 Sep 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	-16,458	-100%	$0.000000^*	0	29 Sep 2023	Common Stock	16,458	$0.2600	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 10,903 shares were withheld by the Issuer with a VWAP of $0.3925 per share to pay the exercise price of $0.26 per share, resulting in 5,555 shares of common stock being issued to the Reporting Person on a net basis.