4 1 wcc_frm4gsw.txt FORM 4 FOR GSW 8/21/02 U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 1. Name and Address of Reporting Person* Gregory S. Woods 2 North Cascade Ave, 14th Flr Colorado Springs, CO 80903 2. Issuer Name and Ticker or Trading Symbol Westmoreland Coal Company ("WLB") 3. IRS or Social Security Nummber of Reporting Person (Voluntary) 4. Statement for Month/Year August 2002 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Persons to Issuer (Check all applicable) [ ] Director [ ] 10% Owner [X] Officer (give title below) [ ] Other (specify below) Vice President - Eastern Operations 7. Individual or Joint/Group Filing (Check Applicable Line) [X] Form filed by One Reporting Person [ ] Form filed by More than One Reporting Person
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of 2. Transaction 3. Transaction 4. Securities 5. Amount of 6. Ownership Form: 7. Nature of Security Date Code Acquired (A) Securities Direct (D) or Indirect (Instr. 3) (Month/Day (Instr. 8) or Disposed of (D) Beneficially Indirect (I) Beneficial Year) (Instr. 3, 4 and 5) Owned at End (Instr. 4) Ownership of Month (Instr. 4) (Instr. 3 and 4) --------------- ---------------------- Code V Amount (A) or Price (D) --------------- ---------------------- ----------------------------------------------------------------------------------------------------------------------------------- Common Stock 8/16/02 M 1,150 A $2.8125 38,200(1) D -----------------------------------------------------------------------------------------------------------------------------------
(1) Includes 11,190 shares of common stock held as of July 31, 2002 indirectly through the issuer's 401(k) plan, according to the trustee of such plan. Page 1 of 2 pages
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., Puts, Calls, Warrants, Options, Convertible Securities) 1. Title of 2. Conver- 3. Trans- 4. Trans- 5. Number of Deriv- 6. Date Exer- 7. Title and Amount of Derivative sion or action action ative Securities cisable and Underlying Securities Security Exercise Date Code Acquired (A) or Expiration (Instr. 3 and 4) (Instr. 3) Price (Month/ (Instr. 8) Disposed of (D) Date of Deri- Day/ (Instr. 3, 4 (Month/Day/ vative Year) and 5) Year) ------------ ----------------- ---------------- -------------------------- Date Expira- Amount or Exer- tion Number of Code V (A) (D) cisable Date Title Shares ------------ ----------------- ---------------- -------------------------- ----------------------------------------------------------------------------------------------------------------------------------- Incentive Stock 2.8125 8/16/02 M 1,150 6/09/02 6/08/10 (1) 1,150 Option
Table II -- Derivative Securities Acquired, Discposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) (continued) 8. Price 9. Number of 10. Ownership 11. Nature of of Derivative Form: Indirect Derivative Securities Direct (D) Beneficial Security Beneficially or Indirect Ownership (Instr. 5) Owned at (I) (Instr. 4) End of Month (Instr. 4) ----------------------------------------------------------------------------------------------------------------------------------- 8,200 D
Explanation of Responses: (1) Common stock - $2.50 par value. Reminder: Report a separate line for each class of securities beneficially owned. * If the form is filed by more than one reporting person, see Instruction 4(b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Date: August 21, 2002 By: /s/ Gregory S. Woods ------------------------------- Gregory S. Woods Page 2 of 2 pages