SEC Form 4 · accession 0001209191-16-152150
ARCH COAL INC · ARCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert G Jones
Officer — Sr. VP-Law, Gen Counsel & Secy
Period of report
Nov 23, 2016
Accepted (ET)
Nov 28, 2016 · 3:41 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Nov 23, 2016 | A | 10,500 | A | — | — | Class A Common Stock | 10,500 | 10,500 | D |
| Restricted Stock UnitsF1,F3 | — | Nov 23, 2016 | A | 15,750 | A | — | Nov 23, 2019 | Class A Common Stock | 15,750 | 15,750 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of Arch Coal, Inc.
- F2The restricted stock units vest in three equal annual installments beginning November 23, 2017. Vested shares are scheduled to be delivered to the reporting person on November 23, 2019.
- F3The restricted stock units vest on November 23, 2019 based on the volume weighted average price of a share over any period of 90 consecutive days during the three-year performance period, with 25% of the units vesting if the share price is $65 and 100% of the units vesting if the share price is $125 (subject to straight-line interpolation between these two share prices).