Key facts
- This page summarizes Judd Merrill's Form 4 filing for Aqua Metals, Inc. (AQMS).
- 5 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 23 Dec 2024, 19:16.
Judd Merrill - 19 Dec 2024 Form 4 Insider Report for Aqua Metals, Inc. (AQMS)
- Reporting relationship
- Chief Financial Officer
- Issuer ticker
- AQMS
- Reported as of
- 19 Dec 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 23 Dec 2024, 19:16:47 UTC
- Prior SEC filing
- 03 Jul 2024
- Next SEC filing
- 03 Jan 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Judd Merrill
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Judd Merrill filed Form 4 for Aqua Metals, Inc. (AQMS) on 23 Dec 2024.
Change
- Previous filing in this sequence was filed on 03 Jul 2024.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
AQMS
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +124,633
- Change %
- +127%
- Price
- $0.000000
- Shares after
- 223,023
- Date
- 19 Dec 2024
- Ownership
- Direct
- Footnotes
- F1, F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AQMS
transaction
Derivative
Performance Share Units
Award
- Transaction value
- $0
- Shares
- +6,924
- Change %
- Price
- $0.000000
- Shares after
- 6,924
- Date
- 19 Dec 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 6,924
- Exercise price
- $0.000000
- Footnotes
- F4
AQMS
transaction
Derivative
Performance Share Units
Award
- Transaction value
- $0
- Shares
- +6,924
- Change %
- Price
- $0.000000
- Shares after
- 6,924
- Date
- 19 Dec 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 6,924
- Exercise price
- $0.000000
- Footnotes
- F5
AQMS
transaction
Derivative
Performance Share Units
Award
- Transaction value
- $0
- Shares
- +6,924
- Change %
- Price
- $0.000000
- Shares after
- 6,924
- Date
- 19 Dec 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 6,924
- Exercise price
- $0.000000
- Footnotes
- F6
AQMS
transaction
Derivative
Performance Share Units
Award
- Transaction value
- $0
- Shares
- +20,772
- Change %
- Price
- $0.000000
- Shares after
- 20,772
- Date
- 19 Dec 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 20,772
- Exercise price
- $0.000000
- Footnotes
- F7
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 7 footnotes
Footnote F1
Represents 124,633 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. The RSUs will vest and be settled in six equal semi-annual installments over a three year period, subject to the Reporting Person's continuation of service with the Company. These RSUs have been granted under the Company's 2024 Long Term Incentive Program as non-cash stock awards. Each RSU shall entitle its holder to receive one Common Stock of the issuer.
Footnote F2
In addition to the time based vesting requirement of the RSUs, 72,882 RSUs will also have a vesting requirement subject to the approval of sufficient additional shares being approved and added to the 2019 Plan at the 2025 Annual Shareholders Meeting.
Footnote F3
Includes 170,519 shares underlying RSUs that are not yet vested and deliverable.
Footnote F4
Represents 6,924 shares underlying Performance Share Units (PSU) that vests based on Total Shareholder Return (TSR) which is based on the percentage difference between the current year 30-day average VWAP closing stock price at 12/31/2024 and a future date 30-day average VWAP closing stock price at 12/31/2025. TSR is paid out based on where AQMS compares with our pier group based on the following percentiles (50% 25th percentile, 100% at 50th percentile, 200% at 75th percentile).
Footnote F5
Represents 6,924 shares underlying PSUs that vests based on TSR which is based on the percentage difference between the current year 30-day average VWAP closing stock price at 12/31/2024 and a future date 30-day average VWAP closing stock price at 12/31/2026. TSR is paid out based on where AQMS compares with our pier group based on the following percentiles (50% 25th percentile, 100% at 50th percentile, 200% at 75th percentile).
Footnote F6
Represents 6,924 shares underlying PSUs that vests based on TSR which is based on the percentage difference between the current year 30-day average VWAP closing stock price at 12/31/2024 and a future date 30-day average VWAP closing stock price at 12/31/2027. TSR is paid out based on where AQMS compares with our pier group based on the following percentiles (50% 25th percentile, 100% at 50th percentile, 200% at 75th percentile).
Footnote F7
Represents 20,772 shares underlying PSUs that vests based on Stock price targets that can be achieved anytime during the period but no later than 3 years after the 12/31/2024. PSUs vests based upon hitting stock price hurdles (for five consecutive days closing prices)within three years of 12/31/2024. The stock vest in 3 hurdles, with 1/3 share vesting with a 50% increase in stock price, 1/3 vesting with a 100% increase in stock price and 1/3 vesting with a 150% increase in stock price. The base or starting stock price is calculated as the 30-day average VWAP closing price at 12/31/2024