Company: BCHT
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001477932-25-002237
Chunk: 1642

Company: Birchtech Corp.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9B
Chunk 1642
---
 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 option to acquire 100,000 shares of common stock exercisable at $0.88 per share.    (3)Mr. Trettel was appointed Vice President of Operations in January 2014.  From November 1, 2022 to December 31, 2023, Mr. Trettel’s annual based salary was $400,000.  From January 1, 2024 to May 31, 2024, Mr. Trettel’s annual base salary was $500,000. During 2022, Mr. Trettel was granted a five-year nonqualified stock option to acquire 500,000 shares of common stock exercisable at $0.21 per share.  See “Executive Employment Agreements” below for information on the employment agreement entered into with Mr. Trettel effective June 1, 2024.  During 2024, Mr. Trettel was granted a five-year nonqualified stock option to acquire 200,000 shares of common stock exercisable at $0.88 per share.    (4)Represents the dollar amount recognized for consolidated financial statement reporting purposes of restricted stock awards and stock option awards granted to the executive officers computed in accordance with FASB ASC Topic 718. For a discussion of valuation assumptions, see Note 11 to our consolidated financial statements included in our Annual Report on Form 10-K for the year ended December 31, 2024. The dollar amount shown in the “Stock Awards” column for Mr. MacPherson reflects the grant date fair values recognized in