John Pavlish - 20 Feb 2023 Form 4 Insider Report for Midwest Energy Emissions Corp. (MEEC)

Role: Senior VP/Chief Tech Officer
Signature: /s/ John Pavlish
Issuer symbol: MEEC
Transactions as of: 20 Feb 2023
Net transactions value: +$0.36
Form type: 4
Filing time: 22 Feb 2023, 10:52:30 UTC
Previous filing: 02 Jun 2022
Next filing: 07 Jun 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	$13,500	+50,000	+4.8%	$0.2700	1,085,945	20 Feb 2023	Direct	F1
transaction	MEEC	Common Stock	Tax liability	$13,500	-32,142	-3%	$0.4200	1,053,803	20 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	-50,000	-100%	$0.000000^*	0	20 Feb 2023	Common Stock	50,000	$0.2700	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 50,000 shares of common stock, pursuant to which 32,142 shares were withheld by the Issuer at a market price of $0.42 per share to pay the exercise price of $0.27 per share, resulting in 17,858 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 50,000 shares of common stock, pursuant to which 32,142 shares were withheld by the Issuer at a market price of $0.42 per share to pay the exercise price of $0.27 per share, resulting in 17,858 shares of common stock being issued to the Reporting Person on a net basis.