Arq, Inc. — Director's Dealing 2019

Aug 21, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Advanced Emissions Solutions, Inc. (ADES)
CIK: 0001515156
Period of Report: 2019-08-16

Reporting Person: Sampson L Heath (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-08-16	Common Stock	M	92666	$9	Acquired	404888	Direct
2019-08-16	Common Stock	M	92666	$10	Acquired	497554	Direct
2019-08-16	Common Stock	F	159512	$11.76	Disposed	338042	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-08-16	Stock Option (right to buy)	$9.0	M	92666	Disposed	2019-12-31	Common Stock (92666.0)	Direct
2019-08-16	Stock Option (right to buy)	$10.0	M	92666	Disposed	2020-12-31	Common Stock (92666.0)	Direct

Footnotes

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

F2: The options were granted for services to be rendered to the Company by the reporting person.