ARCH COAL INC 4
4 · ARCH COAL INC · Filed May 6, 2015
Insider Transaction Report
Form 4
Godley Patricia Fry
Director
Transactions
- Exercise/Conversion
Phantom Stock
2015-05-04$1.00/sh−4,921$4,921→ 101,640 total→ Common Stock (4,921 underlying)
Footnotes (2)
- [F1]Each share of phantom stock entitled the reporting person to receive the cash value of one share of common stock. Arch Coal, Inc. has terminated a portion of its Deferred Compensation Plan (the "Plan") that is not subject to Code Section 409A. In accordance with this termination, the Plan terminated the accounts of each participant in that portion of the Plan and paid them a lump sum amount based on the value of their account on May 4, 2015.
- [F2]The phantom stock does not expire.