Sec Form 4 Filing - TRAPP CHARLES F @ GlyEco, Inc. - 2015-05-22

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
TRAPP CHARLES F
2. Issuer Name and Ticker or Trading Symbol
GlyEco, Inc. [ GLYE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
230 GILL WAY
3. Date of Earliest Transaction (MM/DD/YY)
05/22/2015
(Street)
ROCK HILL, SC29730
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/19/2017 A( 1 ) 102,040 A $ 0.098 ( 2 ) 4,170,715 ( 3 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Grant ( 4 ) 05/22/2015 A( 5 ) 175,676 ( 5 ) ( 5 ) Common Stock 175,676 $ 0 175,676 ( 8 ) D
Restricted Stock Grant ( 6 ) 12/02/2016 A( 7 ) 350,000 ( 7 ) ( 7 ) Common Stock 350,000 $ 0 350,000 ( 8 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
TRAPP CHARLES F
230 GILL WAY
ROCK HILL, SC29730
X
Signatures
/s/ Charles F. Trapp 07/19/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares granted under the Company's Director Compensation Plan for the fiscal quarter ended June 30, 2017.
( 2 )Shares priced as of the close on April 3, 2017.
( 3 )The report reflects the correct amount of securities held by the reporting person. The balance reported on the Form 4 filed on April 4, 2017 overstated the amount of securities owned by the reporting person due to an administrative error.
( 4 )The Restricted Stock Grant represents a contingent right to receive 175,676 shares of Issuer common stock.
( 5 )The Restricted Stock Grant was granted pursuant to the Issuer's 2015 Director Compensation Plan on May 22, 2015, and vests upon the Issuer's common stock achieving a 30-day volume-weighted average price of $0.20.
( 6 )The Restricted Stock Grant represents a contingent right to receive 350,000 shares of Issuer common stock.
( 7 )The Restricted Stock Grant was granted in recognition of the director's service to the Issuer on December 2, 2016, and vests upon the Issuer's common stock achieving a 30-day volume-weighted average price of $0.20.
( 8 )The report reflects an updated amount of derivative securities held by the reporting person.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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