Arq, Inc. — Director's Dealing 2014

Aug 1, 2014

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Advanced Emissions Solutions, Inc. (ADES)
CIK: 0001515156
Period of Report: 2014-07-23

Reporting Person: Wells Louis Spencer (Director)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock option (right to buy)	$20.85	2019-07-28	Common Stock (10000)		Direct

Footnotes

F1: The reporting person received a grant of 10,000 options to purchase shares of common stock on July 23, 2014. On each vesting date, beginning on July 23, 2015 and ending on July 23, 2017, one-third, or 3,334 of the options will vest.