SEC Form 4 · accession 0001615774-16-004841
GlyEco, Inc. · GLYE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Ide
Officer — CEO · Director
Period of report
Mar 31, 2016
Accepted (ET)
Apr 6, 2016 · 3:04 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 | Mar 31, 2016 | A | 100,000 | $0.09 | A | 2,433,689 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted common stock is granted under the Company's Fiscal Year 2016 Director Compensation Plan for the fiscal quarter ended March 31, 2016, priced as of the close of the first trading day of the fiscal quarter. The Board of Directors decided to include Mr. Ide in the Director Compensation Plan since he will be stepping down from the CEO position as of 4/30/16.