John Pavlish - 30 Nov 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: 30 Nov 2023
Net transactions value: -$0.7128
Form type: 4
Filing time: 04 Dec 2023, 12:09:32 UTC
Previous filing: 02 Nov 2023
Next filing: 13 Dec 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	$4,538	+13,750	+1.3%	$0.3300	1,091,611	30 Nov 2023	Direct	F1
transaction	MEEC	Common Stock	Tax liability	$4,538	-4,646	-0.43%	$0.9768	1,086,965	30 Nov 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	-13,750	-100%	$0.000000^*	0	30 Nov 2023	Common Stock	13,750	$0.3300	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 13,750 shares of common stock, pursuant to which 4,646 shares were withheld by the Issuer with a VWAP of $0.9768 per share to pay the exercise price of $0.33 per share, resulting in 9,104 shares of common stock being issued to the Reporting Person on a net basis.