LORSON JOHN W 4
4 · ARCH RESOURCES, INC. · Filed Feb 27, 2024
Insider Transaction Report
Form 4
LORSON JOHN W
VP & Chief Acctg Officer
Transactions
- Exercise/Conversion
Common Stock
2024-02-25+400→ 3,237 total - Award
Common Stock
2024-02-25+2,149→ 5,386 total - Tax Payment
Common Stock
2024-02-26$169.54/sh−757$128,342→ 4,629 total - Sale
Common Stock
2024-02-26$167.71/sh−382$64,065→ 4,247 total - Exercise/Conversion
Restricted Stock Units
2024-02-25−400→ 0 total→ Class A Common Stock (400 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of Arch Resources, Inc. (the "Company").
- [F2]Represents an award of Performance Stock Units originally granted to the reporting person on February 25, 2021. On February 21, 2024, the Issuer's Board of Directors determined that the performance condition[s] with respect to such award had been satisified, resulting in the vesting of the shares of Common Stock reported herein.
- [F3]These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
- [F4]The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 11, 2023 and represents an automatic sale to cover tax obligations.
- [F5]The restricted stock units are fully vested.