ADA-ES director just picked up 6,212 shares

Louis Spencer Wells, a director of ADA-ES, recently acquired 6,212 shares of the company. The buys took place at $0.00 per share (and therefore, likely the result of option or restricted share grants), on July 01, 2016. Wells now owns 12,223 shares of the company. Wells operates out of San Francisco, CA. Some additional info was provided as follows:

Shares automatically awarded on July 1, 2016 pursuant to the Director Compensation Arrangement under the Company's Amended and Restated 2007 Equity Incentive Plan, as amended, which shares shall vest on a quarterly basis with one fourth of the total amount of shares of Common Stock awarded vesting on each of August 31, 2016; November 30, 2016; February 28, 2017 and May 31, 2017. The shares of Restricted Stock were granted for the director services rendered to and to be rendered to the Company by the reporting person.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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