0001515156-23-000099.txt : 20230719
0001515156-23-000099.hdr.sgml : 20230719
20230719184332
ACCESSION NUMBER: 0001515156-23-000099
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230717
FILED AS OF DATE: 20230719
DATE AS OF CHANGE: 20230719
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Rasmus Robert E.
CENTRAL INDEX KEY: 0001555130
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37822
FILM NUMBER: 231097770
MAIL ADDRESS:
STREET 1: THREE RIVERWAY
STREET 2: SUITE 1350
CITY: HOUSTON
STATE: TX
ZIP: 77056
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Advanced Emissions Solutions, Inc.
CENTRAL INDEX KEY: 0001515156
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS CHEMICAL PRODUCTS [2890]
IRS NUMBER: 275472457
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 8051 E. MAPLEWOOD AVE., STE 210
CITY: GREENWOOD VILLAGE
STATE: CO
ZIP: 80111
BUSINESS PHONE: 720-598-3500
MAIL ADDRESS:
STREET 1: 8051 E. MAPLEWOOD AVE., STE 210
CITY: GREENWOOD VILLAGE
STATE: CO
ZIP: 80111
4
1
wk-form4_1689806603.xml
FORM 4
X0508
4
2023-07-17
0
0001515156
Advanced Emissions Solutions, Inc.
ADES
0001555130
Rasmus Robert E.
C/O ADVANCED EMISSIONS SOLUTIONS, INC.
8051 E MAPLEWOOD AVE STE 210
GREENWOOD VILLAGE
CO
80111
1
1
0
0
Chief Executive Officer
0
Common Stock
2023-07-17
4
A
0
422221
1.8947
A
422221
D
Common Stock
2023-07-17
4
A
0
527779
1.8947
A
527779
I
By RER Legacy Investments II LLC.
Stock Option (right to buy)
3
2023-07-17
4
A
0
1000000
0
A
2033-07-17
Common Stock
1000000
1000000
D
Restricted Stock Units
2023-07-17
4
A
0
400000
0
A
Common Stock
400000
400000
D
Mr. Rasmus agreed to acquire the shares of the Issuer's common stock, par value $0.001 (the "Common Stock"), reported on this row from the Company for cash pursuant to a subscription agreement entered into with the Issuer.
The shares of Common Stock reported on this row are held by RER Legacy Investments II LLC ("RER Legacy"). Mr. Rasmus is the ultimate control person of RER Legacy, and an indirect beneficial owner of these shares. Mr. Rasmus disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
Represents options to purchase Common Stock granted to Mr. Rasmus as an employment inducement award. The options will vest ratably in three equal annual installments on each anniversary of the date of grant.
Represents restricted stock units ("RSUs") granted to Mr. Rasmus as an employment inducement award. Each RSU represents the right to receive one share of Common Stock upon vesting and settlement.
250,000 RSUs vest when the volume weighted average price ("VWAP") of the Common Stock over a 30-day period equals $10.00 per share and 150,000 RSUs vest when the VWAP over a 30-day period equals $15.00 per share, in each case, prior to the third anniversary of the date of grant.
/s/ Robert E. Rasmus
2023-07-19