Christopher Greenberg - 01 May 2021 Form 4 Insider Report for Midwest Energy Emissions Corp. (MEEC)

Role: Chairman of the Board, Director
Signature: /s/ Christopher Greenberg
Issuer symbol: MEEC
Transactions as of: 01 May 2021
Transactions value $: -$1
Form type: 4
Filing time: 07 May 2021, 17:07:31 UTC
Next filing: 01 Jul 2021
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	$10,500	+25,000	+0.61%	$0.42	4,094,000	01 May 2021	Direct	F1
transaction	MEEC	Common Stock	Tax liability	-$10,500	-9,131	-0.22%	$1.15	4,084,869	01 May 2021	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	-25,000	-100%	$0^*	0	01 May 2021	Common Stock	25,000	$0.42	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 25,000 shares of common stock, pursuant to which 9,131 shares were withheld by the Issuer at a market price of $1.15 per share to pay the exercise price of $0.42 per share, resulting in 15,869 shares of common stock being issued to the Reporting Person on a net basis.

Content

Reflects shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option to acquire 25,000 shares of common stock, pursuant to which 9,131 shares were withheld by the Issuer at a market price of $1.15 per share to pay the exercise price of $0.42 per share, resulting in 15,869 shares of common stock being issued to the Reporting Person on a net basis.