Filing Details
- Accession Number:
- 0001621832-20-000042
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-03-25 19:40:04
- Reporting Period:
- 2020-03-23
- Accepted Time:
- 2020-03-25 19:40:04
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1621832 | Aqua Metals Inc. | AQMS | Secondary Smelting & Refining Of Nonferrous Metals (3341) | 471169572 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1649322 | Stephen Cotton | 2500 Peru Dr Sparks NV 89437 | Chief Executive Officer | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Shares | Disposition | 2020-03-23 | 13,315 | $0.39 | 679,310 | No | 4 | S | Direct | |
| Restricted Common Stock | Acquisiton | 2020-03-23 | 630,000 | $0.00 | 1,309,310 | No | 4 | A | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | A | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Shares | Stock Options | Disposition | 2020-03-23 | 420,000 | $0.00 | 420,000 | $3.08 |
| Common Shares | Stock Options | Disposition | 2020-03-23 | 420,000 | $0.00 | 420,000 | $3.68 |
| Common Shares | Stock Options | Disposition | 2020-03-23 | 420,000 | $0.00 | 420,000 | $4.18 |
| Common Shares | Restricted Stock Units | Acquisiton | 2020-03-23 | 371,250 | $0.00 | 371,250 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,986,166 | 2020-01-07 | 2024-02-25 | No | 4 | D | Direct |
| 1,566,166 | 2021-01-07 | 2024-02-25 | No | 4 | D | Direct |
| 1,146,166 | 2022-01-07 | 2024-02-25 | No | 4 | D | Direct |
| 1,517,416 | No | 4 | A | Direct |
Footnotes
- Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the issuance of stock units. The sale was conducted by the Reporting Person in connection to reimburse the company to cover the company's tax withholding requirement triggered by the issuance of the shares. The tax event was triggered by the vesting of shares issued to reimbursement for his personal moving expenses incurred in connection with the move of his family's primary residence from the Bay Area, California to Reno, Nevada.
- Includes 46,099 net shares issued on March 23, 2020 as a result of settlement of RSUs previously reported in table II.
- On March 23, 2020, the issuer and reporting person agreed to the cancellation of 1,260,000 options held by reporting person in exchange for 630,000 shares of restricted common stock. The restricted common stock vest in three equal installments on the first three anniversaries of the date of grant.
- Includes 1,912,461 options and 73,705 RSUs.
- Includes 1,492,461 options and 73,705 RSUs.
- Includes 1,072,461 options and 73,705 RSUs.
- Represents 371,250 shares underlying restricted stock units ("RSUs") that are not yet vested and deliverable. The RSUs will vest and be settled in six equal semi-annual installments over a three year period, subject to the Reporting Person's continuation of service with the Company. These RSUs have been granted under the Company's 2019 Long Term Incentive Program as non-cash stock awards. Each RSU shall entitle its holder to receive one Common Stock of the issuer.
- Includes 1,072,461 options and 444,955 RSUs.
Billionaire Hedge Funds
