Troup Nathan M. 4
4 · WESTMORELAND COAL Co · Filed Apr 10, 2018
Insider Transaction Report
Form 4
Troup Nathan M.
Principal Accounting Officer
Transactions
- Exercise/Conversion
Cash Units
2018-04-06−1,263→ 1,262 totalFrom: 2017-04-01→ Common Stock (1,263 underlying) - Exercise/Conversion
Cash Units
2018-04-06−1,506→ 3,011 totalFrom: 2018-04-01→ Common Stock (1,506 underlying) - Disposition to Issuer
Common Stock
2018-04-06$0.41/sh−1,263$518→ 2,090 total - Exercise/Conversion
Common Stock
2018-04-06+1,263→ 3,353 total - Disposition to Issuer
Common Stock
2018-04-06$0.41/sh−1,506$617→ 2,090 total - Exercise/Conversion
Common Stock
2018-04-06+1,506→ 3,596 total
Footnotes (2)
- [F1]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.
- [F2]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 annually.