Troup Nathan M. 4
4 · WESTMORELAND COAL Co · Filed Nov 15, 2017
Insider Transaction Report
Form 4
Troup Nathan M.
Principal Accounting Officer
Transactions
- Disposition to Issuer
Common Stock
2017-04-13$13.86/sh−1,263$17,505→ 2,090 total - Award
Cash Units
2016-05-18+3,788→ 3,788 totalFrom: 2017-04-01→ Common Stock (3,788 underlying) - Exercise/Conversion
Cash Units
2017-04-13−1,263→ 2,525 totalFrom: 2017-04-01→ Common Stock (1,263 underlying) - Exercise/Conversion
Common Stock
2017-04-13+1,263→ 3,353 total
Footnotes (2)
- [F1]Each Cash Unit is settled solely in cash upon vesting and represents the economic equivalent of one share of the Issuer's common stock. These Cash Units vest in three equal installments on April 1, 2017, 2018 and 2019.
- [F2]Each Cash Unit was the economic equivalent of one share of the Issuer's common stock and automatically settled in cash pursuant to its terms.