David M. Kaye - 01 Feb 2023 Form 4 Insider Report for Midwest Energy Emissions Corp. (MEEC)

Signature
/s/ David M. Kaye
Issuer symbol
MEEC
Transactions as of
01 Feb 2023
Transactions value $
$0
Form type
4
Filing time
03 Feb 2023, 17:18:21 UTC
Previous filing
02 Jun 2022
Next filing
07 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEEC Common Stock Options Exercise $47,500 +250,000 +250% $0.19 350,000 01 Feb 2023 Direct F1
transaction MEEC Common Stock Tax liability -$47,500 -95,000 -27% $0.5 255,000 01 Feb 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 -250,000 -100% $0* 0 01 Feb 2023 Common Stock 250,000 $0.19 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 95,000 shares were withheld by the Issuer at a market price of $0.50 per share to pay the exercise price of $0.19 per share, resulting in 155,000 shares of common stock being issued to the Reporting Person on a net basis.