InsiderTrades

Form 4 for AQMS Aqua Metals, Inc.

Accepted 2024-12-23 00:00:00 ET · period of report 2024-12-19 · accession 0001437749-24-038324 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X Filed Traded Ticker Insider Title Type Price Qty Owned ΔOwn Value
D 2024-12-23 2024-12-19 AQMS Merrill Judd CFO A - Grant $0.00 +124.6K 223.0K +127% $0
DM 2024-12-23 2024-12-19 AQMS Merrill Judd CFO A - Grant $0.00 +41.5K 6,924 New $0

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#TableSecurityDateCodeA/DSharesPriceOwned afterOwnExercise / expiryUnderlyingFootnotes
1 Common Common Stock 2024-12-19 A A 124,633 $0.00 223,023 D — — (F2) In addition to the time based vesting requirement of the RSUs, 72,882 RSUs will also have a vesting requirement subject to the approval of sufficient additional shares being approved and added to the 2019 Plan at the 2025 Annual Shareholders Meeting. (F1) Represents 124,633 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 2024 Long Term Incentive Program as non-cash stock awards. Each RSU shall entitle its holder to receive one Common Stock of the issuer. (F3) Includes 170,519 shares underlying RSUs that are not yet vested and deliverable.
2 Derivative Performance Share Units 2024-12-19 A A 6,924 $0.00 6,924 D $0.00 · 2025-12-31 to 2025-12-31 6,924 Common Stock (F4) Represents 6,924 shares underlying Performance Share Units (PSU) that vests based on Total Shareholder Return (TSR) which is based on the percentage difference between the current year 30-day average VWAP closing stock price at 12/31/2024 and a future date 30-day average VWAP closing stock price at 12/31/2025. TSR is paid out based on where AQMS compares with our pier group based on the following percentiles (50% 25th percentile, 100% at 50th percentile, 200% at 75th percentile).
3 Derivative Performance Share Units 2024-12-19 A A 6,924 $0.00 6,924 D $0.00 · 2027-12-31 to 2027-12-31 6,924 Common Stock (F6) Represents 6,924 shares underlying PSUs that vests based on TSR which is based on the percentage difference between the current year 30-day average VWAP closing stock price at 12/31/2024 and a future date 30-day average VWAP closing stock price at 12/31/2027. TSR is paid out based on where AQMS compares with our pier group based on the following percentiles (50% 25th percentile, 100% at 50th percentile, 200% at 75th percentile).
4 Derivative Performance Share Units 2024-12-19 A A 20,772 $0.00 20,772 D $0.00 · 2027-12-31 to 2027-12-31 20,772 Common Stock (F7) Represents 20,772 shares underlying PSUs that vests based on Stock price targets that can be achieved anytime during the period but no later than 3 years after the 12/31/2024. PSUs vests based upon hitting stock price hurdles (for five consecutive days closing prices)within three years of 12/31/2024. The stock vest in 3 hurdles, with 1/3 share vesting with a 50% increase in stock price, 1/3 vesting with a 100% increase in stock price and 1/3 vesting with a 150% increase in stock price. The base or starting stock price is calculated as the 30-day average VWAP closing price at 12/31/2024
5 Derivative Performance Share Units 2024-12-19 A A 6,924 $0.00 6,924 D $0.00 · 2026-12-31 to 2026-12-31 6,924 Common Stock (F5) Represents 6,924 shares underlying PSUs that vests based on TSR which is based on the percentage difference between the current year 30-day average VWAP closing stock price at 12/31/2024 and a future date 30-day average VWAP closing stock price at 12/31/2026. TSR is paid out based on where AQMS compares with our pier group based on the following percentiles (50% 25th percentile, 100% at 50th percentile, 200% at 75th percentile).