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: Hanson Ron (SVP of Operations of ADA-ES)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	21934	Direct

Footnotes

F1: Represents 15,111 shares of Restricted Stock (not vested and subject to transfer restrictions and forfeiture or certain repurchase rights, as applicable) and 180 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 (not vested and subject to forfeiture and transfer restrictions) and 978 shares of common stock 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. The remaining shares of Restricted Stock will vest, if at all, on January 2, 2017.

F2: Vesting of the Restricted Stock is subject to Mr. Hanson'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 the 2010 Plan or Mr. Hanson's employment agreement.

F3: Of the amount shown, 665 shares are held in a qualified pension plan account of the reporting person.