SEC Form 4 · accession 0001217726-16-000009
Arq, Inc. · ARQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan R Lagarenne
Other
Period of report
Jan 16, 2016
Accepted (ET)
Jan 19, 2016 · 6:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001515156
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Jan 16, 2016 | F | 5,137 | $5.79 | D | 23,818 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the shares withheld to satisfy the minimum statutory tax withholding obligations upon the vesting of 13,780 shares issued under the Advanced Emissions Solutions, Inc. 2007 Equity Incentive Plan, as amended (the "2007 Plan") pursuant to the 2014 and 2015 Long Term Incentive Plans. As previously reported, the reporting person's employment with Advanced Emissions Solutions, Inc. (the "Company") was terminated on January 8, 2016. The 13,780 shares vested on January 16, 2016 pursuant to the terms of the reporting person's Waiver and Release Agreement, which was effective as of January 16, 2016 and specified, among other things, the timing of compensation owed to the reporting person pursuant to the terms of his Amendment to Employment Agreement with the Company dated September 19, 2014.
- F2The share price used is the average of the high bid and low ask stock prices on the relevant date, calculated in accordance with the provisions of the 2007 Plan.
- F3Of the amount shown, 556 shares are held in the qualified pension plan account of the reporting person.