SEC Form 4/A · accession 0000106455-15-000077
WESTMORELAND COAL Co · WLB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Joseph Earl Micheletti
Officer — Executive Vice President
Period of report
Apr 1, 2015
Accepted (ET)
Jun 19, 2015 · 4:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000106455
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Based Restricted Stock UnitsF1 | — | Apr 1, 2015 | A | 5,638 | A | Apr 1, 2018 | Apr 1, 2018 | Common Stock | 8,457 | 5,638 | D |
Explanation of responses
- F1Each Performance Based Restricted Stock Unit represents a contingent right to receive up to 1.5 shares of common stock. The units vest over approximately three years and become payable on April 1, 2018 based upon a comparison of the company's relative total shareholder return over the vesting period to a weighted total shareholder return during such period of companies in the Russell 3000 Index and in the Market Vectors Global Coal Index with principal places of business in the US, Australia or Canada.