Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ARCH | Restricted Stock Units | Disposed to Issuer | -20.6K | -100% | 0 | Jan 14, 2025 | Class A Common Stock | 20.6K | Direct | F2 |
Paul T. Demzik is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
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F1 | Pursuant to that certain Agreement and Plan of Merger dated August 20, 2024 (the "Merger Agreement") by and among the Issuer, CONSOL Energy Inc. ("CONSOL"), and Mountain Range Merger Sub Inc., a wholly owned subsidiary of CONSOL ("Merger Sub"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer continuing as the surviving corporation and a direct, wholly owned subsidiary of CONSOL. At the effective time of the Merger (the "Effective Time"), each share of common stock the Issuer (the "Arch Common Stock") issued and outstanding immediately prior to the Effective Time (other than certain excluded shares) was converted into the right to receive 1.326 shares of common stock of CONSOL ("CONSOL Common Stock") (such number of shares, the "Per-Share Merger Consideration"). |
F2 | Pursuant to the Merger Agreement, at the Effective Time, each restricted stock unit ("RSU") was canceled in exchange for a number of shares of CONSOL Common Stock based on the number of shares of Arch Common Stock underlying the applicable RSU award and the Per-Share Merger Consideration, rounded to the nearest whole number of shares. |