Joseph M. Wong - 23 Jul 2024 Form 4 Insider Report for Arq, Inc. (ARQ)

Role: Chief Technology Officer
Signature: /s/ Joseph M Wong
Issuer symbol: ARQ
Transactions as of: 23 Jul 2024
Net transactions value: -$254,909
Form type: 4
Filing time: 25 Jul 2024, 17:27:49 UTC
Previous filing: 27 Mar 2024
Next filing: 05 Aug 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARQ	Common Stock	Award	$0	+100,000	+41%	$0.000000	344,587	23 Jul 2024	Direct	F1
transaction	ARQ	Common Stock	Tax liability	$254,909	-38,799	-11%	$6.57	305,788	23 Jul 2024	Direct	F2

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

Explanation of Responses:

Id	Content
F1	On July 23, 2024, the Chief Executive Officer of the issuer determined that 100,000 performance share units ("PSUs") granted on November 21, 2023 (the "Grant Date"), vested based on the achievement of specific performance criteria over a performance period beginning on the Grant Date and ending on June 30, 2024. Each vested PSU represented the right to receive one share of the issuer's common stock.
F2	Reflects the withholding of shares of the issuer's common stock to satisfy tax withholding obligations in connection with the vesting of PSUs on July 23, 2024.

Content

On July 23, 2024, the Chief Executive Officer of the issuer determined that 100,000 performance share units ("PSUs") granted on November 21, 2023 (the "Grant Date"), vested based on the achievement of specific performance criteria over a performance period beginning on the Grant Date and ending on June 30, 2024. Each vested PSU represented the right to receive one share of the issuer's common stock.

Reflects the withholding of shares of the issuer's common stock to satisfy tax withholding obligations in connection with the vesting of PSUs on July 23, 2024.