EAVES JOHN W - 25 Feb 2023 Form 4 Insider Report for ARCH RESOURCES, INC. (ARCH)

Role
Executive Chairman, Director
Signature
/s/ Rosemary L. Klein, Attorney-in-Fact
Issuer symbol
ARCH
Transactions as of
25 Feb 2023
Net transactions value
-$5,135,663
Form type
4
Filing time
28 Feb 2023, 16:27:49 UTC
Previous filing
13 Feb 2023
Next filing
05 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARCH Common Stock Options Exercise +3,583 +2.6% 138,809 25 Feb 2023 Direct F1
transaction ARCH Common Stock Tax liability $215,194 -1,410 -1% $152.62 137,399 27 Feb 2023 Direct F2
transaction ARCH Common Stock Options Exercise +12,367 +9% 149,766 27 Feb 2023 Direct F1
transaction ARCH Common Stock Award +69,562 +46% 219,328 27 Feb 2023 Direct F1, F3
transaction ARCH Common Stock Tax liability $4,920,469 -32,240 -15% $152.62 187,088 27 Feb 2023 Direct F2

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 -3,583 -50% $0.000000 3,584 25 Feb 2023 Class A Common Stock 3,583 Direct F1, F4
transaction ARCH Restricted Stock Units Options Exercise $0 -12,367 -100% $0.000000* 0 27 Feb 2023 Class A Common Stock 12,367 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 These shares were withheld by the Company to satisfy the reporting person's tax withholding obligations.
F3 Represents an award of Performance Stock Units originally granted to the reporting person on February 27, 2020. On February 9, 2023, the Issuer's Board of Directors determined that the performance conditions with respect to such award had been satisfied, resulting in the vesting of the shares of Common Stock reported herein.
F4 The restricted stock units are fully vested.