Document
false0001515156 0001515156 2020-07-01 2020-07-01

U.S. SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 1, 2020
ADVANCED EMISSIONS SOLUTIONS, INC.

(Name of registrant as specified in its charter)
Delaware
 
001-37822
 
27-5472457
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(I.R.S. Employer Identification Number)

8051 E. Maplewood Avenue, Suite 210,
Greenwood Village, CO 80111
(Address of principal executive offices)   
 
(Zip Code)
 
Registrant's telephone number, including area code: (720) 598-3500

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) 

☐
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) 

☐
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) 

☐
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) 
Securities registered pursuant to Section 12(b) of the Act:
Class
 
Trading Symbol
 
Name of each exchange on which registered
Common stock, par value $0.001 per share
 
ADES
 
NASDAQ Global Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐




Item 1.01
 
Entry into a Material Definitive Agreement.
On July 1, 2020, the Company entered into an Advisor Services Agreement, effective as of July 1, 2020 (the "Agreement"), with L. Heath Sampson, former Chief Executive Officer of the Company. Mr. Sampson's employment with the Company ended on June 30, 2020. Under the terms of the Agreement, Mr. Sampson will serve as an independent contractor to advise the Company as needed on certain matters relating to the Company’s refined coal business unit ("RC"). The terms of the Agreement provide for Mr. Sampson to receive a monthly cash retainer in the amount of $8,000 per month. The term of the Agreement is month-to-month and ends on December 31, 2020, unless extended or terminated earlier by the Parties.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: July 7, 2020
 
Advanced Emissions Solutions, Inc.
 
Registrant

 
/s/ Greg Marken
 
Greg Marken
 
Interim Chief Executive Officer


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 v3.20.2
Cover Page
Jul. 01, 2020
Cover [Abstract]  
Document Type 8-K
Document Period End Date Jul. 01, 2020
Entity Registrant Name ADVANCED EMISSIONS SOLUTIONS, INC.
Entity Incorporation, State or Country Code DE
Entity File Number 001-37822
Entity Tax Identification Number 27-5472457
Entity Address, Address Line One 8051 E. Maplewood Avenue
Entity Address, Address Line Two Suite 210
Entity Address, City or Town Greenwood Village
Entity Address, State or Province CO
Entity Address, Postal Zip Code 80111
City Area Code 720
Local Phone Number 598-3500
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common stock, par value $0.001 per share
Trading Symbol ADES
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
Entity Central Index Key 0001515156
Amendment Flag false