SEC Form 4 · accession 0001185185-15-001490
GlyEco, Inc. · GLYE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles F Trapp
Director
Period of report
May 22, 2015
Accepted (ET)
May 28, 2015 · 4:51 pm EDT
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 | May 22, 2015 | A | 175,676 | $0.17 | A | 175,676 | 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 | $0.17 | May 22, 2015 | A | 25,000 | A | May 22, 2015 | May 22, 2025 | Common Stock | 25,000 | 50,000 | D |
| Options with right to buy | $0.17 | May 22, 2015 | A | 12,500 | A | May 22, 2016 | May 22, 2025 | Common Stock | 12,500 | 50,000 | D |
| Options with right to buy | $0.17 | May 22, 2015 | A | 12,500 | A | May 22, 2017 | May 22, 2025 | Common Stock | 12,500 | 50,000 | 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.