Greg Marken, ADA-ES's Chief Accounting Officer, recently disposed of 1,034 shares of the company. The disposals took place at $9.20 per share, on January 12, 2017. Marken still owns 26,427 shares of the company. Marken operates out of Highlands Ranch, CO. Some additional info was provided as follows:
Represents the shares withheld to satisfy the statutory tax withholding obligations upon the vesting of 2,774 shares issued under the issuer's Amended and Restated 2010 Non-Management Compensation and Incentive Plan, as amended (the "2010 Plan").
Of the amount shown, 17,773 shares are restricted stock issued pursuant to the 2010 Plan, not fully vested and subject to forfeiture, and 5,000 shares are restricted stock issued pursuant to the Advanced Emissions Solutions, Inc
. Amended and Restated 2007 Equity Incentive Plan, as amended (the "2007 Plan"), not fully vested and subject to forfeiture. Total ownership reflects an immaterial correction to the amount previously reported.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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