SEC Form 4 · accession 0001615774-18-002589
GlyEco, Inc. · GLYE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles F Trapp
Director
Period of report
Apr 10, 2018
Accepted (ET)
Apr 12, 2018 · 5:40 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000931799
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Purchase WarrantF2 | $0.05 | Apr 10, 2018 | P | 250,000 | A | Apr 10, 2018 | Apr 10, 2021 | Common Stock | 250,000 | — | D |
Explanation of responses
- F1These warrants were issued in connection with a private placement offering of 10% Senior Unsecured Promissory Notes and common stock purchas warrants by the issuer on April 10, 2018.
- F2A common stock purchase warrant entitling the reporting person to acquire an aggregate of 250,000 shares of the issuer's common stock at an exercise price of $0.05 per share was acquired by the reporting person as additional consideration pursuant to a subscription agreement, dated April 10, 2018, between the reporting person and the issuer. No monetary value was ascribed to the warrant.