Alta Fundamental Advisers LLC - Jul 1, 2023 Form 4 Insider Report for Advanced Emissions Solutions, Inc. (ADES)

Role: Director
Signature: /s/ Greg Marken, as attorney-in-fact
Stock symbol: ADES
Transactions as of: Jul 1, 2023
Transactions value $: $0
Form type: 4
Date filed: 7/5/2023, 07:29 PM
Previous filing: Jun 23, 2023
Next filing: Jul 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ADES	Common Stock	Award	$0	+24.6K	+1.24%	$0.00	2.02M	Jul 1, 2023	See Footnote	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These securities are directly held by Clients, Funds, and Affiliates ("Accounts") that are managed by Alta Fundamental Advisers LLC ("Alta"). Gilbert Li, a Director of the Issuer, is Managing Partner of Alta. In addition, Mr. Li is an investor in one or more of these Accounts and therefore is an indirect beneficial owner of a portion of these shares. Alta and Mr. Li disclaim beneficial ownership of these shares except to the extent of their pecuniary interest therein.

Content

These securities are directly held by Clients, Funds, and Affiliates ("Accounts") that are managed by Alta Fundamental Advisers LLC ("Alta"). Gilbert Li, a Director of the Issuer, is Managing Partner of Alta. In addition, Mr. Li is an investor in one or more of these Accounts and therefore is an indirect beneficial owner of a portion of these shares. Alta and Mr. Li disclaim beneficial ownership of these shares except to the extent of their pecuniary interest therein.