4//SEC Filing
Advanced Emissions Solutions, Inc. 4
Accession 0001217726-16-000011
$ARQCIK 0001515156operating
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 7:33 PM ET
Size
9.7 KB
Accession
0001217726-16-000011
Insider Transaction Report
Form 4
LAGARENNE JONATHAN R
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2016-03-01+4,916→ 28,734 total - Tax Payment
Common Stock
2016-03-01$5.25/sh−1,572$8,253→ 27,162 total - Exercise/Conversion
Performance Share Units
2016-03-01−14,460→ 21,734 total→ Common Stock (14,460 underlying)
Footnotes (6)
- [F1]On March 1, 2016, the Compensation Committee of the Board of Directors of the issuer determined that of the 14,460 performance share units ("PSUs") awarded to the reporting person on May 14, 2013 (adjusted for the 2:1 stock dividend in March 2014) pursuant to the 2013 Long Term Incentive Plan under the issuer's Amended and Restated 2007 Equity Incentive Plan, as amended (the "2007 Plan"), 4,916 PSUs vested based on the achievement of specific performance criteria over a three year performance period ended December 31, 2015. Each vested PSU represents the right to receive one share of the issuer's common stock.
- [F2]Common stock was issued pursuant to the vesting terms of the PSUs, which were granted for services rendered to the Company by the reporting person.
- [F3]Represents the shares withheld to satisfy the minimum statutory tax withholding obligations upon the issuance of 4,916 shares issued upon the vesting of the PSUs (see Footnote No. 1).
- [F4]The 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.
- [F5]Of the amount shown, 556 shares are held in a qualified pension plan account of the reporting person.
- [F6]The PSUs were granted for services rendered to the Company by the reporting person.
Documents
Issuer
Advanced Emissions Solutions, Inc.
CIK 0001515156
Entity typeoperating
Related Parties
1- filerCIK 0001515156
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 7:33 PM ET
- Size
- 9.7 KB