SEC Form 4 · accession 0001209191-18-059913
ARCH COAL INC · ARCH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth D. Cochran
Officer — Sr. VP - Operations
Period of report
Nov 23, 2018
Accepted (ET)
Nov 26, 2018 · 3:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001037676
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 23, 2018 | M | 146 | — | A | 1,380 | D | |
| Common Stock | Nov 23, 2018 | F | 146 | $82.12 | D | 1,234 | D |
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, 2018 | M | 146 | D | — | — | Class A Common Stock | 146 | 10,233 | D |
Explanation of responses
- F1Each restricted stock unit converts into one share of Class A Common Stock of Arch Coal, Inc. (the "Company").
- F2On November 23, 2016, the reporting person was granted 10,500 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. A portion of the restricted stock units vested on November 23, 2018 was converted into shares and withheld by the Company to satisfy the associated tax withholding obligations. The remaining portion of such vested restricted stock units will convert into shares on the third anniversary of the grant date.