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"Insiders might sell their shares for any number of reasons, but they buy them for only one:
they think the price will rise" - Peter Lynch ==>> What is insider trading>> |

| Transaction & Date | Reported Date |
Company | Symbol | Insider Relationship |
Shares Traded | Average Price | Total Amount |
Shares Ownership |
Filing |
| 2009-08-13 Sale |
2009-08-17 6:09 pm | ADA-ES INC | ADES | BUSTARD C JEAN (COO) | 750 | $3.88 | $2,910 | 75,964 (Direct) | View |
| 2009-07-15 Sale | 2009-07-17 4:09 pm |
ADA-ES INC | ADES | BUSTARD C JEAN (COO) | 750 | $4.065 | $3,049 | 76,714 (Direct) |
View |
| 2009-06-26 Sale | 2009-06-29 10:29 am | ADA-ES INC | ADES | Martin Cameron E. (VP) | 900 | $4.89 | $4,401 | 13,826 (Direct) | View |
| 2009-06-16 Sale |
2009-06-16 11:04 am |
ADA-ES INC | ADES | BUSTARD C JEAN (COO) | 750 | $2.94 | $2,205 | 77,469 (Direct) | View |
| 2009-05-21 Sale | 2009-05-22 11:40 am |
ADA-ES INC | ADES | SCHLAGER RICHARD J (VP) | 1,000 | $3.29 | $3,290 | 19,955 (Direct) |
View |
| 2009-05-04 Sale |
2009-05-07 3:02 pm | ADA-ES INC | ADES | BUSTARD C JEAN (COO) | 750 | $3.52 | $2,640 | 78,214 (Direct) |
View |
| 2004-01-21 Purchase |
2004-01-22 5:49 pm | ADA-ES INC | ADES | EAVES JOHN W (Director) | 1,000 | $8.9 | $8,900 | 1,000 (Direct) | View |
| Transaction & Date |
Reported Date | Company | Symbol | Insider Relationship | Shares Traded |
Average Price | Total Amount | Shares Ownership | Filing |
| 2009-06-09- -2009-08-18 Option Award |
2009-08-19 1:24 pm |
ADA-ES INC | ADES | Barr Jonathan Scott (VP) | 1,461 | $3.23 | $4,720 | 11,145 (Direct) | View |
| 2009-06-09- -2009-08-18 Option Award | 2009-08-19 12:00 pm | ADA-ES INC | ADES | Sjostrom Sharon (VP) | 1,362 | $3.202 | $4,361 | 15,415 (Direct) |
View |
| 2009-06-09- -2009-08-18 Option Award |
2009-08-19 11:24 am | ADA-ES INC | ADES | Miller Richard (VP) | 1,503 | $3.242 | $4,873 | 21,458 (Direct) |
View |
| 2009-06-09- -2009-08-18 Option Award |
2009-08-19 11:09 am |
ADA-ES INC | ADES | MCKINNIES MARK H (CFO Director) | 1,900 | $3.17 | $6,022 | 111,953 (Direct) |
View |
| 2009-06-09- -2009-08-18 Option Award | 2009-08-19 10:59 am | ADA-ES INC | ADES | SCHLAGER RICHARD J (VP) | 1,494 | $3.21 | $4,796 | 21,449 (Direct) | View |
| 2009-06-09- -2009-08-18 Option Award |
2009-08-19 10:50 am | ADA-ES INC | ADES | Martin Cameron E. (VP) | 1,397 | $3.231 | $4,513 | 15,223 (Direct) |
View |
| 2009-06-09- -2009-08-18 Option Award |
2009-08-19 10:42 am |
ADA-ES INC | ADES | BUSTARD C JEAN (COO) | 1,833 | $3.17 | $5,810 | 77,797 (Direct) | View |
| 2009-06-09- -2009-08-18 Option Award | 2009-08-19 10:32 am | ADA-ES INC | ADES | DURHAM MICHAEL D (Predisent & CEO Director) | 2,342 | $3.17 | $7,423 | 203,880 (Direct) |
View |
| 2009-07-20 Exercise | 2009-07-24 12:05 pm | ADA-ES INC | ADES | Swanson Richard John (Director) | 8,408 | $4.23 | $35,566 | 13,769 (Direct) |
View |
| 2009-07-20 Exercise |
2009-07-24 11:59 am |
ADA-ES INC | ADES | SMITH JEFFREY CLARK (Director) | 9,148 | $4.23 | $38,696 | 25,992 (Direct) |
View |
| 2009-07-20 Exercise |
2009-07-24 11:51 am | ADA-ES INC | ADES | MARCUM W PHILLIP (Director) | 9,188 | $4.23 | $38,865 | 19,666 (Direct) | View |
| 2009-07-20 Exercise | 2009-07-24 11:44 am | ADA-ES INC | ADES | JOHNSON RONALD B (Director) | 8,408 | $4.23 | $35,566 | 20,776 (Direct) |
View |
| 2009-07-20 Exercise |
2009-07-24 11:39 am | ADA-ES INC | ADES | Johnson Derek (Director) | 8,588 | $4.23 | $36,327 | 14,331 (Direct) |
View |
| 2009-07-20 Exercise | 2009-07-24 11:33 am |
ADA-ES INC | ADES | Caruso Robert (Director) | 8,588 | $4.23 | $36,327 | 14,331 (Direct) | View |
| 2009-04-28 Option Award |
2009-04-30 11:41 am | ADA-ES INC | ADES | Sjostrom Sharon (VP) | 2,649 | $3.78 | $10,013 | 14,053 (Direct) | View |
| 2009-04-28 Option Award | 2009-04-30 11:07 am |
ADA-ES INC | ADES | SCHLAGER RICHARD J (VP) | 2,148 | $3.78 | $8,119 | 20,955 (Direct) | View |
| 2009-04-28 Option Award | 2009-04-30 10:57 am | ADA-ES INC | ADES | Barr Jonathan Scott (VP) | 2,725 | $3.78 | $10,300 | 9,684 (Direct) |
View |
| 2009-01-08 Exercise | 2009-01-29 5:12 pm | ADA-ES INC | ADES | Swanson Richard John (Director) | 2,592 | $4.18 | $10,835 | 5,361 (Direct) |
View |
| 2009-01-08 Exercise |
2009-01-29 5:07 pm |
ADA-ES INC | ADES | SMITH JEFFREY CLARK (Director) | 1,695 | $4.18 | $7,085 | 16,844 (Direct) |
View |
| 2009-01-08 Exercise | 2009-01-29 4:54 pm |
ADA-ES INC | ADES | MARCUM W PHILLIP (Director) | 1,695 | $4.18 | $7,085 | 10,478 (Direct) | View |
| 2009-01-08 Exercise | 2009-01-29 4:42 pm | ADA-ES INC | ADES | JOHNSON RONALD B (Director) | 2,592 | $4.18 | $10,835 | 12,368 (Direct) | View |
| 2009-01-08 Exercise | 2009-01-29 4:39 pm |
ADA-ES INC | ADES | Johnson Derek (Director) | 2,412 | $4.18 | $10,082 | 5,743 (Direct) | View |
| 2009-01-08 Exercise |
2009-01-29 4:34 pm | ADA-ES INC | ADES | Caruso Robert (Director) | 2,412 | $4.18 | $10,082 | 5,743 (Direct) |
View |
| 2009-01-21 Option Award | 2009-01-22 5:52 pm |
ADA-ES INC | ADES | BUSTARD C JEAN (COO) | 16,892 | $5.9 | $99,663 | 78,964 (Direct) | View |
| 2009-01-21 Option Award | 2009-01-22 5:46 pm | ADA-ES INC | ADES | DURHAM MICHAEL D (CEO Director) | 13,871 | $5.9 | $81,839 | 201,538 (Direct) | View |
| 2009-01-21 Option Award | 2009-01-22 5:39 pm | ADA-ES INC | ADES | MCKINNIES MARK H (CFO Director) | 16,925 | $5.9 | $99,858 | 110,053 (Direct) | View |
| 2009-01-15 Option Award |
2009-01-15 5:12 pm | ADA-ES INC | ADES | Sjostrom Sharon (VP) | 4,786 | $4.12 | $19,718 | 11,404 (Direct) | View |
| 2009-01-15 Option Award |
2009-01-15 5:01 pm | ADA-ES INC | ADES | SCHLAGER RICHARD J (VP) | 4,032 | $4.12 | $16,612 | 18,807 (Direct) |
View |
| 2006-02-02 Exercise | 2006-02-03 5:17 pm |
ADA-ES INC | ADES | BLOOM DUANE N (Director) | 1,000 | $21.99 | $21,990 | 55,369 (Direct) |
View |
| 2006-02-02 Exercise | 2006-02-03 10:31 am | ADA-ES INC | ADES | PETERSON ROLLIE J (Director) | 1,000 | $21.99 | $21,990 | 29,247 (Direct) |
View |
| 2006-02-02 Exercise | 2006-02-03 10:22 am | ADA-ES INC | ADES | BISQUE RAMON E (Director) | 1,000 | $21.99 | $21,990 | 52,253 (Direct) | View |
| 2006-02-02 Exercise | 2006-02-03 10:09 am |
ADA-ES INC | ADES | LOWDERMILK ROBERT H (Director) | 1,000 | $21.99 | $21,990 | 75,938 (Direct) | View |
| 2004-02-26 Other |
2004-02-26 11:50 am | ADA-ES INC | ADES | WURSTER JOHN F (VP Sales & Marketing) | 2,293 | $6.8 | $15,592 | 2,293 (Direct) |
View |
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