SEC Form 4 · accession 0001384158-16-000006
Arq, Inc. · ARQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sharon Sjostrom
Officer — Chief Product Officer
Period of report
Jan 1, 2016
Accepted (ET)
Jan 5, 2016 · 6:55 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 | Jan 1, 2016 | F | 590 | $7.07 | D | 44,432 | D | |
| Common StockF3,F2 | Jan 2, 2016 | F | 359 | $7.07 | D | 44,073 | D | |
| Common StockF4,F2,F5 | Jan 2, 2016 | F | 599 | $7.07 | D | 43,474 | 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 1,584 shares issued under the issuer's Amended and Restated 2007 Equity Incentive Plan, as amended (the "2007 Plan"), pursuant to the 2013 Long Term Incentive Plan.
- 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.
- F3Represents the shares withheld to satisfy the minimum statutory tax withholding obligations upon the vesting of 963 shares issued under the 2007 Plan pursuant to the 2014 Long Term Incentive Plan.
- F4Represents the shares withheld to satisfy the minimum statutory tax withholding obligations upon the vesting of 1,607 shares issued under the 2007 Plan pursuant to the 2015 Long Term Incentive Plan.
- F5Of the amount shown, 16,532 shares are held in the qualified pension plan account of the reporting person and 8,334 shares are restricted stock (not fully vested and subject to certain repurchase rights under the 2007 Plan).