| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARQ | Common Stock | Award | $0 | +26.2K | +7.82% | $0.00 | 361K | Mar 23, 2025 | Direct | F1 |
| transaction | ARQ | Common Stock | Sale | -$30.9K | -6.6K | -1.83% | $4.68 | 355K | Mar 24, 2025 | Direct | F2 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ARQ | Performance Share Units | Award | $0 | +26.2K | $0.00 | 26.2K | Mar 23, 2025 | Common Stock | 52.4K | Direct | F1, F3, F4 |
| Id | Content |
|---|---|
| F1 | Represents restricted stock awards granted in accordance with the Issuer's long-term incentive plan under the 2024 Omnibus Incentive Plan, as approved by stockholders on June 10, 2024. The restricted stock awards shall vest in three equal annual installments, beginning on the first anniversary of the grant date. |
| F2 | The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock awards. The sale was made to satisfy tax withholding obligations to be funded by a "sell to cover" transaction. |
| F3 | Each Performance Share Unit ("PSU") represents a contingent right to receive one share of the Company's common stock upon vesting of the PSU, which will occur, if at all, no later than March 10, 2028 subject to the reporting person's continuous service with the Company or its related entities and the achievement of certain pre-established goals to be measured as of December 31, 2027. |
| F4 | Represents the maximum number of PSUs that will vest, if at all, which is 200% of the target award. |