SEC Form 4 · accession 0001185185-15-000222
GlyEco, Inc. · GLYE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John d'Arc Lorenz II
Director
Period of report
Jan 31, 2015
Accepted (ET)
Feb 5, 2015 · 5:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000931799
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Common Stock | Feb 2, 2015 | A | 177,419 | $0.31 | A | 3,548,871 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options with right to buy | $0.30 | Jan 31, 2015 | A | 51,652 | A | Jan 31, 2015 | Jan 31, 2025 | Common Stock | 51,652 | 2,718,867 | D |
Explanation of responses
- F1Restricted common stock was granted under the Company's Fiscal Year 2015 Director Compensation Plan and will vest upon the Company's stock price maintaining a $2 per share stock price for a 30 trading day Volume Weighted Average Price (VWAP) duration.
- F2Stock options were granted pursuant to the Company's Equity Incentive Program, dated December 18, 2014, under the Company's 2012 Equity Incentive Plan.