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