Arq (ARQ) Form 3 Initial statement of insider ownership

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Alta Fundamental Advisers SP LLC

(Last) (First) (Middle)

777 THIRD AVENUE

SUITE 19A

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
06/22/2016

3. Issuer Name and Ticker or Trading Symbol
Advanced Emissions Solutions, Inc. [ ADES ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	856,763(1)	I	See Footnote(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Alta Fundamental Advisers SP LLC

(Last) (First) (Middle)

777 THIRD AVENUE

SUITE 19A

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Alta Fundamental Advisers LLC

(Last) (First) (Middle)

777 THIRD AVENUE

SUITE 19A

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

Explanation of Responses:

1. These securities are directly held by Clients, Funds, and Affiliates ("Accounts") that are managed by Alta Fundamental Advisers LLC, of which Gilbert Li, it's Managing Partner, is a Director of the Issuer. In addition, Mr. Li is an investor in one or more of these Accounts and by means is an indirect beneficial owner.

Remarks:

Gilbert Li is a Director of the Issuer. As a result, Alta Fundamental Advisers SP LLC may be deemed Director by deputization of the Issuer solely for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.

	/s/ Alta Fundamental Advisers SP LLC, By: Alta Fundamental Advisers GP LLC, its General Partner, By: Gilbert Li, Manager	07/01/2016
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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