X0306 4 2018-07-24 0001398733 Aquestive Therapeutics, Inc. AQST 0001406834 Kendall Keith J C/O AQUESTIVE THERAPEUTICS, INC. 30 TECHNOLOGY DRIVE WARREN NJ 07059 true true CEO and President Stock Option (Right to Purchase) 15 2018-07-24 4 A 0 240165 0 A 2028-07-24 Common Stock 240165 240165 D Restricted Stock Unit 2018-07-24 4 A 0 116576 0 A Common Stock 116576 116576 D The shares underlying the options vest in 36 equal (or as nearly equal as possible) monthly installments beginning on August 31, 2018, subject in each case to Mr. Kendall's continuous service with the Issuer from the grant date through the applicable vesting date. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The restricted stock units vest in 8 equal (or as nearly equal as possible) quarterly installments beginning on August 31, 2018, subject in each case to Mr. Kendall's continuous service with the Issuer from the grant date through the applicable vesting date. Vested shares will be delivered to the reporting person as soon as practicable following the vesting date thereof. /s/ Robert Arnold, as Attorney-In-Fact 2018-07-26