Arch Coal general counsel exercises stock options

By Associated Press May 9, 2008 Comments (0)

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A vice president and general counsel of Arch Coal Inc. exercised options for and then sold 35,300 shares of common stock, according to a Securities and Exchange Commission filing Wednesday.

In a Form 4 filing with the SEC, Robert G. Jones reported he exercised the options for $4.25 to $10.98 apiece, and sold the shares for $62.65 to $62.77 apiece Tuesday.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.

Arch Coal is based in St. Louis.

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DocumentId: 641863, ~/articles/articlehandler.aspx, 7/6/2008 7:27:34 PM, No ticker

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