Miller Richard 4
4 · ADA-ES INC · Filed May 24, 2013
Insider Transaction Report
Form 4
ADA-ES INCADES
Transactions
- Award
Performance Share Units
2013-05-14+2,326→ 2,326 total→ Common Stock (2,326 underlying)
Holdings
- 21,086
Common Stock
Footnotes (4)
- [F1]Of the amount shown, 5,586 shares are held in the qualified pension plan account of the reporting person and 1,500 shares were issued pursuant to programs under the 2007 Plan, are not fully vested and are subject to certain repurchase rights.
- [F2]Each Performance Share Unit represents a contingent right to receive one share of the Company's common stock.
- [F3]Represents the maximum number of Performance Share Units that will vest, if at all, which is 200% of the target of 1,163 Performance Share Units.
- [F4]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.