4//SEC Filing
Advanced Emissions Solutions, Inc. 4
Accession 0001515156-14-000004
$ARQCIK 0001515156operating
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 5:05 PM ET
Size
15.0 KB
Accession
0001515156-14-000004
Insider Transaction Report
Form 4
LAGARENNE JONATHAN R
Executive Vice President
Transactions
- Sale
Common Stock
2014-01-03$54.07/sh−1,000$54,070→ 15,641 total - Award
Performance Share Units
2014-01-03+4,396→ 11,626 total→ Common Stock (4,396 underlying) - Award
Common Stock
2014-01-03$53.00/sh+2,198$116,494→ 18,247 total - Tax Payment
Common Stock
2014-01-03$53.00/sh−569$30,157→ 17,678 total - Tax Payment
Common Stock
2014-01-03$53.00/sh−1,037$54,961→ 16,641 total
Footnotes (10)
- [F1]Represents Restricted Stock issued pursuant to the Advanced Emissions Solutions, Inc. Amended and Restated 2007 Equity Incentive Plan, as amended (the "2007 Plan"). The Restricted Stock will vest in equal installments on January 2, 2015, January 2, 2016 and January 2, 2017 subject to continuous services with Advanced Emissions Solutions, Inc. or its related entities unless such shares vest sooner pursuant to Section 11 of the 2007 Plan.
- [F10]Vesting of the Performance Share Units, if at all, will occur on January 2, 2017, subject to continuous service and the achievement of certain pre-established goals to be measured as of December 31, 2016, unless such units vest sooner at the target amount pursuant to Section 11 of the 2007 Plan.
- [F2]Closing stock price at date of grant.
- [F3]Payment of the tax liability by delivery of stock incident to the vesting on January 2, 2014 of 636 shares of Restricted Stock.
- [F4]Fair market value of the shares upon vesting is based on closing price of common stock on January 2, 2014.
- [F5]Payment of the tax liability by delivery of stock incident to the vesting on January 2, 2014 of 963 shares of Restricted Stock.
- [F6]Shares sold pursuant to an existing 10b5-1(c) plan.
- [F7]Of the amount shown, 184 shares are held in the qualified pension plan account of the reporting person and 12,608 shares were issued pursuant to the programs under the 2007 Plan, are not fully vested and are subject to certain repurchase rights.
- [F8]Each Performance Share Unit represents a contingent right to receive one share of the Company's common stock.
- [F9]Represents the maximum number of Performance Share Units that will vest, if at all, which is 200% of the target payout of 2,198 shares.
Documents
Issuer
Advanced Emissions Solutions, Inc.
CIK 0001515156
Entity typeoperating
Related Parties
1- filerCIK 0001515156
Filing Metadata
- Form type
- 4
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 5:05 PM ET
- Size
- 15.0 KB