Micheletti Joseph Earl 4
4 · WESTMORELAND COAL Co · Filed Apr 10, 2018
Insider Transaction Report
Form 4
Micheletti Joseph Earl
SVP - Coal Operations
Transactions
- Exercise/Conversion
Common Stock
2018-04-06+2,745→ 29,557 total - Exercise/Conversion
Common Stock
2018-04-06+3,523→ 30,335 total - Disposition to Issuer
Common Stock
2018-04-06$0.41/sh−3,523$1,444→ 26,812 total - Exercise/Conversion
Cash Units
2018-04-06−3,523→ 7,045 totalFrom: 2018-04-01→ Common Stock (3,523 underlying) - Disposition to Issuer
Common Stock
2018-04-06$0.41/sh−2,745$1,125→ 26,812 total - Exercise/Conversion
Cash Units
2018-04-06−2,745→ 2,745 totalFrom: 2017-04-01→ Common Stock (2,745 underlying)
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.