SEC Form 4 · accession 0001515156-18-000015

Arq, Inc. · ARQ

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Product Officer

Period of report

Mar 1, 2018

Accepted (ET)

Mar 5, 2018 · 6:32 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
Common Stock^F1	Mar 1, 2018	M	3,589	$0.00	A	56,830	D
Common Stock^F2	Mar 1, 2018	M	479	$0.00	A	57,309	D
Common Stock	Mar 1, 2018	F	1,394	$9.73	D	55,915	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance Share Units^F1	—	Mar 1, 2018	M	8,510	D	—	—	Common Stock	8,510	0	D
Performance Share Units^F2	—	Mar 1, 2018	M	1,136	D	—	—	Common Stock	1,136	0	D

F1On March 1, 2018, the Compensation Committee of the Board of Directors of the issuer determined that of the 8,510 performance share units ("PSUs") awarded to the reporting person on March 3, 2015 pursuant to the 2015 Long Term Incentive Plan under the issuer's Amended and Restated 2007 Equity Incentive Plan, as amended (the "2007 Plan"), 3,589 PSUs vested based on the achievement of specific performance criteria over a three year performance period ended December 31, 2017. Each vested PSU represented the right to receive one share of the issuer's common stock.
F2On March 1, 2018, the Compensation Committee of the Board of Directors of the issuer determined that of the 1,136 PSUs awarded to the reporting person on July 3, 2015 pursuant to the 2015 Long Term Incentive Plan under the 2007 Plan, 479 PSUs vested based on the achievement of specific performance criteria over a three year performance period ended December 31, 2017. Each vested PSU represented the right to receive one share of the issuer's common stock.