Smith Claiborne Benson 4
4 · Arq, Inc. · Filed Aug 5, 2024
Insider Transaction Report
Form 4
Arq, Inc.ARQ
Smith Claiborne Benson
Gen Counsel, Corp Secretary
Transactions
- Award
Common Stock
2024-08-01+19,810→ 66,279 total - Award
Performance Share Units
2024-08-01+19,810→ 19,810 totalExp: 2027-03-10→ Common Stock (39,620 underlying)
Footnotes (3)
- [F1]Granted in accordance with the Issuer's long-term incentive plan under the 2024 Omnibus Incentive Plan, as approved by stockholders on June 10, 2024.
- [F2]Each Performance Share Unit ("PSU") represents a contingent right to receive one share of the Company's common stock upon vesting of the PSU, which will occur, if at all, no later than March 10, 2027 subject to the reporting person's continuous service with the Company or its related entities and the achievement of certain pre-established goals to be measured as of December 31, 2026.
- [F3]Represents the maximum number of PSUs that will vest, if at all, which is 200% of the target award.