L Heath Sampson, ADA-ES's President & CEO and a director of the company, recently acquired 50,000 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 October 16, 2016. Sampson now owns 148,318 shares of the company. Sampson operates out of Highlands Ranch, CO. Some additional info was provided as follows:
Represents Restricted Stock issued pursuant to the Long Term Incentive Plan ("LTIP") under the Advanced Emissions Solutions, Inc. (the "Company") Amended and Restated 2007 Equity Incentive Plan, as amended (the "2007 Plan"). The Restricted Stock will vest in equal installments on October 16, 2017, October 16, 2018, October 16, 2019 and October 16, 2020 subject to continuous service
with the Company or its related entities unless such shares vest sooner pursuant to Section 11 of the 2007 Plan or the reporting person's employment agreement with the Company.
The shares of Restricted Stock were granted for services to be rendered to the Company by the reporting person.
Stock option vesting occurs, if at all, on or after January 1, 2017 upon achievement of certain pre-established goals, in accordance with provisions of the 2007 Plan, and is subject to the reporting person's continuous service with the Company or its related entities unless such shares vest sooner pursuant to Section 11 of the 2007 Plan.
The options were granted for services 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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