Arq, Inc. — Director's Dealing 2016

Jul 21, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Advanced Emissions Solutions, Inc. (ADES)
CIK: 0001515156
Period of Report: 2016-07-18

Reporting Person: Amrhein Christine B. (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-07-18	Common Stock	F	2	$6.70	Disposed	26740	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	30994	Indirect

Footnotes

F1: The reporting person delivered stock to the Issuer to cover the payment of the tax liability incident to the vesting of 948 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: Of the amount shown, 1,746 shares are held in the qualified pension plan account of the reporting person and 3,215 shares were issued pursuant to programs under the 2007 Plan, are not fully vested and are subject to certain repurchase rights.

F3: Of the amount shown, 9,532 shares are held in a qualified pension plan account of the reporting person's spouse.