Company: BCHT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001477932-25-002237
Chunk: 143

Company: Birchtech Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 143
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2024, the Company granted 50,000 RSUs to Mr. Grant.  The RSUs vest one year from the grant of grant on January 15, 2025.  Once vested, each RSU represents the right to receive one share of the Company’s common stock.   

For 2024, Mr. Greenberg’s compensation for serving as Chairman of the Board was $150,000, and each of Mr. Kaye and Mr. Grant were paid $75,000 for serving on the Board. On September 19, 2024, Mr. Greenberg resigned as chairperson of the Audit Committee and Mr. Grant was appointed chairperson in his place and will be paid $75,000 annually for serving in such position in addition to the fee paid for his serving on the Board. Effective as of January 1, 2025, Ms. Coogler shall be paid $75,000 annually for serving on the Board. 

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

The following table sets forth certain information known to us regarding beneficial ownership of our common stock as March 31, 2025 by:

 ·each person or group of affiliated persons known by us to be the beneficial owner of more than five percent of our capital stock;    ·each of our named executive officers;    ·each of our directors; and    ·all of our executive officers and directors as a group.

The column entitled “Percentage of Shares Beneficially Owned” is calculated based on 96,228,153 shares of common stock outstanding as of March 31, 2025. 

We have determined beneficial ownership in accordance with the rules of the SEC, and the information is not necessarily indicative of beneficial ownership for any other purpose. These rules generally attribute beneficial ownership of securities to persons who possess sole or shared voting power or investment power with respect to those securities as well as any shares of common stock that the person has the right to acquire within 60 days of March 31, 2025 through the exercise of stock options or other rights. These shares are deemed to be outstanding and beneficially owned by the person holding those options for the purpose of computing the percentage ownership of that person, but they are not treated as outstanding for the purpose of computing the percentage ownership of any other person. Unless otherwise indicated, the persons or entities identified in this table have sole voting and investment power with respect to all shares shown as beneficially owned