John T. Drexler - 25 Feb 2024 Form 4 Insider Report for ARCH RESOURCES, INC. (ARCH)

Signature
/s/ Rosemary L. Klein, Attorney-in-Fact
Issuer symbol
ARCH
Transactions as of
25 Feb 2024
Transactions value $
-$2,822,671
Form type
4
Filing time
27 Feb 2024, 13:25:25
Previous filing
22 Feb 2024
Next filing
15 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARCH Common Stock Options Exercise +5.93K +6.74% 94K 25 Feb 2024 Direct F1
transaction ARCH Common Stock Award +31.9K +33.91% 126K 25 Feb 2024 Direct F1, F2
transaction ARCH Common Stock Tax liability -$2.82M -16.6K -13.22% $169.54 109K 26 Feb 2024 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ARCH Restricted Stock Units Options Exercise $0 -5.93K -100% $0.00* 0 25 Feb 2024 Class A Common Stock 5.93K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock of Arch Resources, Inc. (the "Company").
F2 Represents an award of Performance Stock Units originally granted to the reporting person on February 25, 2021. On February 21, 2024, the Issuer's Board of Directors determined that the performance condition[s] with respect to such award had been satisified, resulting in the vesting of the shares of Common Stock reported herein.
F3 These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
F4 The restricted stock units are fully vested.