Kohn Gary Alan 4
4 · WESTMORELAND COAL Co · Filed Apr 10, 2018
Insider Transaction Report
Form 4
Kohn Gary Alan
CFO - Interim
Transactions
- Exercise/Conversion
Common Stock
2018-04-06+871→ 1,514 total - Disposition to Issuer
Common Stock
2018-04-06$0.41/sh−3,026$1,241→ 643 total - Disposition to Issuer
Common Stock
2018-04-06$0.41/sh−871$357→ 643 total - Exercise/Conversion
Cash Units
2018-04-06−3,026→ 6,053 totalFrom: 2018-04-01→ Common Stock (3,026 underlying) - Exercise/Conversion
Common Stock
2018-04-06+3,026→ 3,669 total - Exercise/Conversion
Cash Units
2018-04-06−871→ 871 totalFrom: 2017-04-01→ Common Stock (871 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.