Company: BCHT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001477932-25-002237
Chunk: 357

Company: Birchtech Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 357
---
  488,625   550,000   -   63,221   22,143   1,123,989   2023  415,000   -   -   -   38,262   453,262 James Trettel,Executive Vice President of Operations (3) 2024  552,500   600,000   -   126,443   23,217   1,302,160   2023  400,000   -   -   -   21,533   421,533 

 39Table of Contents

(1)Mr. MacPherson was appointed President and Chief Executive Officer in March 2015.  From November 1, 2022 to December 31, 2023, Mr. MacPherson’s annual base salary was $495,000.  From January 1, 2024 to May 31, 2024, Mr. MacPherson’s annual base salary was $745,000. See “Executive Employment Agreements” below for information on the amended and restated employment agreement entered into with Mr. MacPherson effective June 1, 2024. During 2022, Mr. MacPherson was granted a retention stock bonus award in the amount of 3,000,000 shares of common stock. Such award was granted on November 8, 2022, which shares vested 25.0% every six months from the date of grant and became fully vested on November 8, 2024.  During 2024, Mr. MacPherson was granted a five-year nonqualified stock option to acquire 300,000 shares of common stock exercisable at $0.88 per share  

(2)Mr. Pavlish was appointed Senior Vice President in November 2014. From January 1, 2023 to December 31, 2023, Mr. Pavlish’s annual base salary was $415,000.  From January 1, 2024 to May 31, 2024, Mr. Pavlish’s annual base salary was $480,000.  See “Executive Employment Agreements” below for information on the amended and restated employment agreement entered into with Mr. Pavlish effective June 1, 2024.  During 2024, Mr. Pavlish was granted a five-year nonqualified stock