Arq, Inc. — Director's Dealing 2014

Jun 4, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Advanced Emissions Solutions, Inc. (ADES)
CIK: 0001515156
Period of Report: 2014-06-04

Reporting Person: LAGARENNE JONATHAN R (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-06-04	Common Stock	F	2015	$23.41	Disposed	27455	Direct

Footnotes

F1: Payment of the tax liability by delivery of stock incident to the vesting of 4,000 shares of Restricted Stock issued under the Advanced Emissions Solution's Inc. Amended and Restated 2007 Equity Incentive Plan, as amended (the "2007 Plan").

F2: Closing share price of Common Stock on vesting date of Restricted Stock.

F3: Of the amount shown, 556 shares are held in the qualified pension plan account of the reporting person and 19,201 shares were issued pursuant to programs under the 2007 Plan, are not fully vested and are subject to certain repurchase rights.