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SEC Filings

DEF 14A
ARCH COAL INC filed this Form DEF 14A on 03/18/2019
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        The following table shows information relating to the accumulated benefits to which the NEOs were entitled under our defined benefit pension plans as of December 31, 2018:

Name
  Plan Name   Number of
Years
Credited
Service
(#)(1)
  Present Value of
Accumulated
Benefit
($)(2)
  Payments
During
Last Fiscal
Year
($)
 

John W. Eaves

  Arch Coal, Inc. Retirement Account Plan     36   $ 1,724,805      

  Arch Coal, Inc. Supplemental Retirement Plan     36   $ 685,059      

John T. Drexler

  Arch Coal, Inc. Retirement Account Plan     21   $ 385,524      

  Arch Coal, Inc. Supplemental Retirement Plan     21   $ 245,542      

Paul A. Lang

  Arch Coal, Inc. Retirement Account Plan     34   $ 1,092,086      

  Arch Coal, Inc. Supplemental Retirement Plan     34   $ 483,232      

John A. Ziegler, Jr. 

  Arch Coal, Inc. Retirement Account Plan     16   $ 308,462      

  Arch Coal, Inc. Supplemental Retirement Plan     16   $ 56,592      

Robert G. Jones

  Arch Coal, Inc. Retirement Account Plan     27   $ 1,008,397      

  Arch Coal, Inc. Supplemental Retirement Plan     27   $ 198,602      

(1)
Under our defined benefit pension plans, certain of our NEOs have been credited with additional years of service attributable to employment with one or more predecessor entities as follows: Mr. Eaves — 15 years, Mr. Lang — 13 years, and Mr. Jones — 6 years.

(2)
Amounts shown for each NEO represent the actuarial present value of the executive's accumulated benefit under our defined benefit pension plans as of December 31, 2018, computed in accordance with FASB ASC Topic 715. The present value of accumulated benefits is subject to certain actuarial assumptions described in Note 21, Employee Benefit Plans, to our consolidated financial statements for the year ended December 31, 2018 and under the heading "Employee Benefit Plans" in the section entitled "Critical Accounting Policies" included in the Form 10-K.

Non-Qualified Deferred Compensation

        We maintain a deferred compensation plan that historically has allowed eligible employees to defer receipt of their base salaries and/or incentive awards until the dates elected by the employees. We have not allowed deferrals under the plan since 2015. The cash amounts previously deferred are invested in accounts that mirror the gains and/or losses of a number of different investment funds. These investment funds are substantially similar to the investment alternatives offered to participants in our 401(k) plan. The plan has never offered any above-market rates of return to any of our NEOs. Participants are always vested in their deferrals under the plan and any related earnings.

        Under the plan, we credit each participant's account with the number of units equal to the number of shares or units that the participant could purchase or receive with the amount of compensation deferred under the plan on the date we credit the participant's account, based upon the fair market value of the underlying investment on that date. We will pay the amount of compensation deferred under the plan to the participant (or to their designated beneficiary in the event of death) in annual installments or in a lump sum, at the participant's election, following the participant's termination of employment or on the date or dates specified by the participant in his payment election. The amount we pay will be based on the number of units credited to each participant's account, valued on the basis of the fair market value of an equivalent number of shares or units of the underlying investment on the date payment occurs. We may also pay a participant the amount of

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