MATTISON GRAHAM O 4
4 · ADA-ES INC · Filed May 24, 2013
Insider Transaction Report
Form 4
ADA-ES INCADES
MATTISON GRAHAM O
VP of Investor Relations
Transactions
- Award
Peformance Share Unit
2013-05-14+3,116→ 3,116 total→ Common Stock (3,116 underlying) - Award
Common Stock
2013-05-14$31.29/sh+1,558$48,750→ 3,118 total
Footnotes (5)
- [F1]Represents Restricted Shares issued pursuant to the ADA-ES, Inc. Amended and Restated 2007 Equity Incentive Plan, as amended (the "2007 Plan"). The Restricted Stock will vest in equal installments on January 1 2014, January 1, 2015 and January 1, 2016 subject to continuous service with ADA-ES, Inc. or its related entities unless such shares vest sooner pursuant to Section 11 of the 2007 Plan.
- [F2]Closing stock price at date of grant.
- [F3]Each Performance Share Unit represents a contingent right to receive one share of the Company's common stock.
- [F4]Represents the maximum number of Performance Share Units that will vest, if at all, which is 200% of the target of 1,558 Performance Share Units.
- [F5]Vesting of the Performance Share Units, if at all, will occur on January 1, 2016, subject to continuous service and the achievement of certain pre-established performance goals to be measured as of December 31, 2015, unless such units vest sooner at the target amount pursuant to Section 11 of the 2007 Plan.