SEC Form 4 · accession 0001615774-17-003732

GlyEco, Inc. · GLYE

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Dec 2, 2016

Accepted (ET)

Jul 19, 2017 · 9:44 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
Common Stock	Jul 17, 2017	X	312,500	$0.08	A	5,955,261	D
Common Stock^F2	Jul 19, 2017	A	102,040	$0.098	A	6,057,301	D
Common Stock^F4	Jul 17, 2017	X	31,250	$0.08	A	131,250	I	By Son

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Grant^F7,F5,F6	—	Dec 2, 2016	A	350,000	A	—	—	Common Stock	350,000	350,000	D

F1Shares granted under the Issuer's Director Compensation Plan for the fiscal quarter ended June 30, 2017.
F2Shares priced as of the close on April 3, 2017.
F3Shares acquired through the exercise of warrants on July 17, 2017, which warrants were acquired in a private placement on December 27, 2016.
F4Shares are held by the reporting person's son, who shares the same household as the reporting person. The reporting person retains full investment power over these shares, which are held in an account for the reporting person's son.
F5The Restricted Stock Grant represents a contingent right to receive 350,000 shares of Issuer common stock.
F6The Restricted Stock Grant was granted in recognition of the reporting person's service to the Company on December 2, 2016, and vests upon the Issuer's common stock achieving a 30-day volume-weighted average price of $0.20.
F7The report reflects an updated amount of derivative securities held by the reporting person.