SEC Form 4 · accession 0001209191-15-012562
ARCH COAL INC · ARCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John T. Drexler
Officer — Sr. V.P. and CFO
Period of report
Feb 11, 2015
Accepted (ET)
Feb 12, 2015 · 3:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001037676
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2 | — | Feb 11, 2015 | A | 4,520 | A | — | — | Common Stock | 4,520 | 29,108 | D |
Explanation of responses
- F1Each share of phantom stock represents Arch Coal, Inc.'s company match on the amount of phantom stock held by the Executive Officer in the Arch Coal Inc. Deferred Compensation Plan (the "Plan"). Each share of phantom stock represents a right to receive the value in cash of one share of Arch Coal, Inc. common stock. The shares of phantom stock are held by the Executive Officer through the Plan and represent past compensation, the vested portion of restricted stock awards and/or payouts under other incentive compensation arrangements that the Executive Officer elected to defer under the Plan into a hypothetical investment in shares of Arch Coal, Inc. Common stock and/or dividends paid with respect to such deferral amounts.
- F2Shares of phantom stock are payable in cash on the date or dates elected by the executive officer, subject to the terms of the Plan. The executive officer may transfer any and all of the phantom stock account into an alternate investment account at any time.