Deck Slone - 13 Oct 2023 Form 4 Insider Report for ARCH RESOURCES, INC. (ARCH)

Role
Sr. VP - Strategy & Public Pol
Signature
/s/ Rosemary L. Klein, Attorney-in-Fact
Issuer symbol
ARCH
Transactions as of
13 Oct 2023
Net transactions value
-$233,518
Form type
4
Filing time
16 Oct 2023, 18:10:59 UTC
Previous filing
28 Feb 2023
Next filing
13 Feb 2024
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 +505 +2.4% 21,512 13 Oct 2023 Direct F1
transaction ARCH Common Stock Tax liability $34,604 -224 -1% $154.48 21,288 13 Oct 2023 Direct F2
transaction ARCH Common Stock Options Exercise +1,010 +4.7% 22,298 13 Oct 2023 Direct F1
transaction ARCH Common Stock Tax liability $69,207 -448 -2% $154.48 21,850 13 Oct 2023 Direct F2
transaction ARCH Common Stock Sale $56,506 -370 -1.7% $152.72 21,480 16 Oct 2023 Direct F3, F4
transaction ARCH Common Stock Sale $73,201 -473 -2.2% $154.76 21,007 16 Oct 2023 Direct F3, F5

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 -505 -100% $0.000000* 0 13 Oct 2023 Class A Common Stock 505 Direct F1, F6
transaction ARCH Restricted Stock Units Options Exercise $0 -1,010 -33% $0.000000 2,020 13 Oct 2023 Class A Common 1,010 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 The sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 9, 2022 and represents an automatic sale to cover tax obligations and for other purposes.
F4 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $152.51 to $153.18 per share. The reporting price undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
F5 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $154.05 to $154.91 per share. The reporting price undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote.
F6 The restricted stock units are fully vested.