King Robert Paul 4
4 · WESTMORELAND COAL Co · Filed Apr 2, 2013
Insider Transaction Report
Form 4
King Robert Paul
President and COO
Transactions
- Exercise/Conversion
Common Stock
2013-04-01+9,704→ 34,704 total - Award
Restricted Stock Units
2013-04-01+27,366→ 27,366 totalFrom: 2014-04-01→ Common Stock (27,366 underlying) - Tax Payment
Common Stock
2013-04-01$11.42/sh−3,098$35,379→ 31,606 total - Exercise/Conversion
Restricted Stock Units
2013-04-01−9,704→ 19,405 totalFrom: 2013-04-01→ Common Stock (9,704 underlying)
Holdings
- 2,307(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]The reporting person acquired additional shares of common stock under the Westmoreland Coal Company 401(k) plan since the date of the last report. The information in this report is based on plan information as of April 1, 2013.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of common stock payable in common stock, cash or a combination thereof, at the discretion of the Compensation and Benefits Committee.
- [F3]The Restricted Stock Units vest in three equal annual installments beginning on the first anniversary of the grant date.