POTTER ROBERT G 4
4 · ARCH COAL INC · Filed Dec 17, 2010
Insider Transaction Report
Form 4
POTTER ROBERT G
Director
Transactions
- Award
Phantom Stock
2010-12-15$31.92/sh+158$5,043→ 50,524 total→ Common Stock (158 underlying)
Footnotes (2)
- [F1]Each share of phantom stock represents a right to receive the value in cash of one share of Arch Coal, Inc. common stock. The shares of phantom stock are held by the director through the Arch Coal, Inc. Deferred Compensation Plan for Non-Employee Directors (the "Plan"). The shares of phantom stock acquired by the director represent dividends attributable to amounts that the director elected to defer under the Plan into a hypothetical investment in shares of Arch Coal, Inc. common stock.
- [F2]Shares of phantom stock are payable in cash following termination of the director's service as a director of Arch Coal, Inc. The director may transfer amounts held in the phantom stock account into an alternative investment account at any time.