Arq, Inc. — Director's Dealing 2018

Jan 4, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Advanced Emissions Solutions, Inc. (ADES)
CIK: 0001515156
Period of Report: 2018-01-02

Reporting Person: Sjostrom Sharon (Chief Product Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-02	Common Stock	F	599	$9.50	Disposed	53241	Direct

Footnotes

F1: Represents the shares withheld to satisfy the statutory tax withholding obligations upon the vesting of shares issued under the issuer's Amended and Restated 2007 Equity Incentive Plan, as amended (the "2007 Plan").

F2: Since the Form 4 filed by the reporting person on May 12, 2017, the Advanced Emissions Solutions, Inc. 401(k) Plan (the "Plan") executed a non-volitional liquidation of all of the Issuer's securities held in the Plan, including 16,527 shares held in the reporting owner's account. Prior to this complete liquidation, the Plan also executed a non-volitional liquidation of 5 shares from the reporting owner's account for Plan compliance purposes.