Arq, Inc. — Director's Dealing 2014

Mar 7, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Advanced Emissions Solutions, Inc. (ADES)
CIK: 0001515156
Period of Report: 2014-03-04

Reporting Person: MCKINNIES MARK H (Director, SVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-04	Common Stock	S	1000	$56	Disposed	76668	Direct

Footnotes

F1: Shares sold pursuant to an existing 10b5-1(c) plan.

F2: Of the amount shown, 27,956 shares are held in the qualified pension plan account of the reporting person and 10,328 shares were issued pursuant to a program under the Company's Equity Incentive Plan, are not fully vested and are subject to certain repurchase rights.