Greg Marken - Mar 23, 2022 Form 4 Insider Report for Advanced Emissions Solutions, Inc. (ADES)

Role
CEO
Signature
/s/ Greg P. Marken
Stock symbol
ADES
Transactions as of
Mar 23, 2022
Transactions value $
-$49,760
Form type
4
Date filed
3/25/2022, 06:30 PM
Next filing
Mar 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ADES Common Stock Award $0 +29K +34.63% $0.00 113K Mar 23, 2022 Direct
transaction ADES Common Stock Tax liability -$49.8K -7.78K -6.9% $6.40 105K Mar 23, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ADES Performance Share Units Award $0 +58K $0.00 58K Mar 23, 2022 Common Stock 58K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Performance Share Unit ("PSU") represents a contingent right to receive one share of the Company's common stock upon vesting of the PSU, which will occur, if at all, no later than March 10, 2025 subject to the reporting person's continuous service with the Company or its related entities and the achievement of certain pre-established goals to be measured as of December 31, 2024.
F2 Represents the maximum number of PSUs that will vest, if at all, which is 200% of the target award.