Joseph M. Wong - Aug 1, 2024 Form 4 Insider Report for Arq, Inc. (ARQ)

Role: Chief Technology Officer
Signature: /s/ Joseph M Wong
Stock symbol: ARQ
Transactions as of: Aug 1, 2024
Transactions value $: $0
Form type: 4
Date filed: 8/5/2024, 06:45 PM
Previous filing: Jul 25, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ARQ	Common Stock	Award	$0	+21.7K	+7.09%	$0.00	327K	Aug 1, 2024	Direct	F1

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	ARQ	Performance Share Units	Award	$0	+21.7K		$0.00	21.7K	Aug 1, 2024	Common Stock	43.3K		Direct	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	Granted in accordance with the Issuer's long-term incentive plan under the 2024 Omnibus Incentive Plan, as approved by stockholders on June 10, 2024.
F2	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, 2027 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, 2026.
F3	Represents the maximum number of PSUs that will vest, if at all, which is 200% of the target award.