James I. Campbell - Mar 15, 2021 Form 4 Insider Report for Coronado Global Resources Inc. (ASX:CRN)

Signature
/s/ Richard Rose, as Attorney-in-Fact
Stock symbol
ASX:CRN
Transactions as of
Mar 15, 2021
Transactions value $
-$137,332
Form type
4
Date filed
6/2/2021, 01:41 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASX:CRN Common Stock Options Exercise $0 +9.89K +32.96% $0.00 39.9K Mar 15, 2021 Direct F1, F2
transaction ASX:CRN Common Stock Disposed to Issuer -$137K -9.89K -24.79% $13.89* 30K Mar 15, 2021 Direct F1, F2, 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 ASX:CRN Restricted Stock Units Options Exercise $0 -98.9K -100% $0.00* 0 Mar 15, 2021 Common Stock 9.89K $0.00 Direct F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects cash settlement of Restricted Stock Units ("RSUs").
F2 Reflects 98,871 RSUs. Each RSU represents a right to receive one CHESS Depositary Interest ("CDI") or, at the election of the Compensation and Nominating Committee of the Issuer's Board of Directors, an equivalent value of cash or shares of common stock of the Issuer (or a combination thereof). CDIs are units of beneficial ownership in shares of common stock of the Issuer that are publicly traded on the Australian Securities Exchange (the "ASX") and held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX. The CDIs are convertible into shares of common stock of the Issuer on a 10-for-1 basis.
F3 The settlement was executed in cash based on the 30-day volume weighted open price of the CDIs to January 1, 2020, trading on the ASX, and as such the price has been converted to a U.S. Dollar equivalent, adjusting for the conversion ratio of 1 share of common stock per 10 CDIs.
F4 The RSUs vested after the release of the audited full-year financial results of Coronado Global Resources Inc. (the "Issuer") for the fiscal year ended December 31, 2020. These RSUs were granted in lieu of a percentage of the reporting person's 2019 cash bonus pursuant to the Coronado Global Resources Inc. 2019 Short Term Incentive Plan.