Richard MacPherson - 28 Jun 2023 Form 4 Insider Report for Midwest Energy Emissions Corp. (BCHT)

Signature
/s/ Richard MacPherson
Issuer symbol
BCHT
Transactions as of
28 Jun 2023
Net transactions value
+$0.39
Form type
4
Filing time
30 Jun 2023, 17:42:50 UTC
Previous filing
03 Feb 2023
Next filing
01 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MEEC Common Stock Options Exercise $2,386 +8,229 +0.07% $0.2900 11,799,055 28 Jun 2023 Direct F1
transaction MEEC Common Stock Tax liability $2,386 -7,954 -0.07% $0.3000 11,791,101 28 Jun 2023 Direct F1
transaction MEEC Common Stock Options Exercise $3,456 +16,458 +0.14% $0.2100 11,807,559 28 Jun 2023 Direct F2
transaction MEEC Common Stock Tax liability $3,456 -11,520 -0.1% $0.3000 11,796,039 28 Jun 2023 Direct F2

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 -8,229 -100% $0.000000* 0 28 Jun 2023 Common Stock 8,229 $0.2900 Direct
transaction MEEC Stock Option (Right to Buy) Options Exercise $0 -16,458 -100% $0.000000* 0 28 Jun 2023 Common Stock 16,458 $0.2100 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 8,229 shares of common stock, pursuant to which 7,954 shares were withheld by the Issuer at a market price of $0.30 per share to pay the exercise price of $0.29 per share, resulting in 275 shares of common stock being issued to the Reporting Person on a net basis.
F2 Reflects shares of the Issuer's common stock acquired by the Reporting Person through the cashless exercise of an option to acquire 16,458 shares of common stock, pursuant to which 11,520 shares were withheld by the Issuer at a market price of $0.30 per share to pay the exercise price of $0.21 per share, resulting in 4,938 shares of common stock being issued to the Reporting Person on a net basis.