Matthew C. Giljum - Feb 25, 2024 Form 4 Insider Report for ARCH RESOURCES, INC. (ARCH)

Role
Sr. VP and CFO
Signature
/s/ Rosemary L. Klein, Attorney-in-Fact
Stock symbol
ARCH
Transactions as of
Feb 25, 2024
Transactions value $
-$2,127,405
Form type
4
Date filed
2/27/2024, 01:17 PM
Previous filing
Feb 22, 2024
Next filing
Oct 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARCH Common Stock Options Exercise +3.73K +13.34% 31.7K Feb 25, 2024 Direct F1
transaction ARCH Common Stock Award +20.1K +63.25% 51.8K Feb 25, 2024 Direct F1, F2
transaction ARCH Common Stock Tax liability -$1.72M -10.2K -19.64% $169.54 41.6K Feb 26, 2024 Direct F3
transaction ARCH Common Stock Sale -$16.8K -100 -0.24% $167.55 41.5K Feb 26, 2024 Direct F4
transaction ARCH Common Stock Sale -$234K -1.38K -3.32% $169.28 40.1K Feb 26, 2024 Direct F4, F5
transaction ARCH Common Stock Sale -$153K -900 -2.24% $169.99 39.2K Feb 26, 2024 Direct F4, F6

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 -3.73K -100% $0.00* 0 Feb 25, 2024 Class A Common Stock 3.73K Direct F1, F7
* 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 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 sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 7, 2023 and represents an automatic sale to cover tax obligations.
F5 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $168.58 to $169.55.
F6 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $169.60 to $170.48.
F7 The restricted stock units are fully vested.