Arq, Inc. — Director's Dealing 2016

Jun 23, 2016

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Advanced Emissions Solutions, Inc. (ADES)
CIK: 0001515156
Period of Report: 2016-06-12

Reporting Person: Marken Greg (Chief Accounting Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	27466	Direct

Footnotes

F1: Represents 20,552 shares of Restricted Stock (common stock subject to certain repurchase rights) and 1,914 shares of common stock issued pursuant to the Advanced Emissions Solutions, Inc. Amended and Restated 2010 Non-Management Compensation and Incentive Plan, as amended (the "2010 Plan") and 5,000 shares of Restricted Stock (common stock subject to certain repurchase rights) issued pursuant to the Advanced Emissions Solutions, Inc. Amended and Restated 2007 Equity Incentive Plan, as amended (the "2007 Plan"). Of such amount, 15,000 and 5,000 shares will vest, if at all, on April 14, 2017 and June 12, 2017, respectively. Of the remaining shares, one-half will vest, if at all, on each of January 12, 2017 and January 12, 2018.

F2: Vesting of the Restricted Stock is subject to Mr. Marken's continuous service with Advanced Emissions Solutions, Inc. or its related entities unless such shares vest sooner pursuant to Section 11 of the 2007 Plan or 2010 or Mr. Marken's employment agreement.