Werner Russell H 4
4 · WESTMORELAND COAL Co · Filed Apr 3, 2013
Insider Transaction Report
Form 4
Werner Russell H
Corporate Controller & PAO
Transactions
- Exercise/Conversion
Restricted Stock Units
2013-04-01−705→ 1,410 totalFrom: 2013-04-01→ Common Stock (705 underlying) - Exercise/Conversion
Common Stock
2013-04-01+705→ 1,663 total - Exercise/Conversion
Restricted Stock Units
2013-04-01−257→ 257 totalFrom: 2013-04-01→ Common Stock (257 underlying) - Tax Payment
Common Stock
2013-04-01$11.42/sh−92$1,051→ 958 total - Exercise/Conversion
Common Stock
2013-04-01+257→ 1,050 total - Tax Payment
Common Stock
2013-04-01$11.42/sh−259$2,958→ 1,404 total
Holdings
- 3,971(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.