VICINO FRANK JR 4
4 · WESTMORELAND COAL Co · Filed Jan 11, 2013
Insider Transaction Report
Form 4
VICINO FRANK JR
10% Owner
Transactions
- Gift
Depositary Shares
2012-12-28$25.30/sh−2,400$60,720→ 84,350 total→ COMMON (86,750 underlying)
Holdings
- 10,401.25(indirect: See Footnote)
Depositary Shares
→ COMMON (10,401.25 underlying) - 1,400(indirect: See Footnote)
Depositary Shares
→ COMMON (1,400 underlying)
Footnotes (7)
- [F1]The convertible depositary shares are convertible at any time, at the holder's election, and have no expiration date.
- [F2]Trustee for Irrev. Trust dated 9/26/97 for Hannah K. Vicino. Frank T. Vicino, Jr. hereby disclaims his indirect beneficial interest and ownership in the shares owned by the Trust and that the filing of this report shall not be deemed an admission that such person is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any equity securities reported herein as owned by said Trust.
- [F3]1.708 common shares for each depositary share.
- [F4]N/A
- [F5]The shares were gifted to the Community Foundation of Broward to fund the Vicino Family Charitable Fund. Frank T. Vicino, Jr., hereby disclaims his indirect beneficial interest and ownership in the shares owned by the Foundation and that the filing of this report shall not be deemed an admission that such person is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any equity securities reported herein as owned by said Trust.
- [F6]Number of depositary shares prior to disposition (convertible into 148,169 common shares).
- [F7]49% ownership in Vicino Family LP and 50% in Vicino Family Holding, Inc.