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

Role: President and CEO, Director
Signature: /s/ Richard MacPherson
Issuer symbol: BCHT
Transactions as of: 28 Jul 2023
Net transactions value: -$0.2661
Form type: 4
Filing time: 01 Aug 2023, 16:21:55 UTC
Previous filing: 30 Jun 2023
Next filing: 02 Oct 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	$2,798	+16,458	+0.14%	$0.1700	11,812,497	28 Jul 2023	Direct	F1
transaction	MEEC	Common Stock	Tax liability	$2,798	-8,451	-0.07%	$0.3311	11,804,046	28 Jul 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	-16,458	-100%	$0.000000^*	0	28 Jul 2023	Common Stock	16,458	$0.1700	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 16,458 shares of common stock, pursuant to which 8,451 shares were withheld by the Issuer with a VWAP of $0.3311 per share to pay the exercise price of $0.17 per share, resulting in 8,007 shares of common stock being issued to the Reporting Person on a net basis.