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Filing Details

Accession Number:: 0001104659-14-021411
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-03-20 20:35:00
Reporting Period:: 2014-03-18

Filing Date:: 2014-03-20
Accepted Time:: 2014-03-20 20:35:00
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
106455	Westmoreland Coal Co	WLB	Bituminous Coal & Lignite Surface Mining (1221)	231128670

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
948904	Al Et L Jeffrey Gendell	1 Sound Shore Drive Greenwich CT 06830	No	No	Yes	No
1268959	Tontine Management Llc	1 Sound Shore Drive Greenwich CT 06830	No	No	Yes	No
1268961	Tontine Overseas Associates Llc	1 Sound Shore Drive Greenwich CT 06830	No	No	Yes	No
1269122	P L Partners Tontine	1 Sound Shore Drive Greenwich CT 06830	No	No	Yes	No
1272374	Tontine Capital Management Llc	1 Sound Shore Drive Greenwich CT 06830	No	No	Yes	No
1276922	P L Partners Capital Tontine	1 Sound Shore Drive Greenwich CT 06830	No	No	Yes	No
1482608	Tontine Capital Overseas Master Fund Ii, L.p.	1 Sound Shore Drive Greenwich CT 06830	No	No	Yes	No
1482609	Tontine Asset Associates, L.l.c.	1 Sound Shore Drive Greenwich CT 06830	No	No	Yes	No
1491514	Tontine Associates, Llc	1 Sound Shore Drive Greenwich CT 06830	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $2.50 Per Share	Disposition	2014-03-18	64,132	$26.03	1,552,263	No	4	S	Indirect	See Footnotes
Common Stock, Par Value $2.50 Per Share	Disposition	2014-03-19	10,868	$26.13	1,541,395	No	4	S	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes

Footnotes

This report is filed jointly by Tontine Capital Partners, L.P., a Delaware limited partnership ("TCP"), Tontine Capital Management, L.L.C., a Delaware limited liability company ("TCM"), Tontine Partners, L.P., a Delaware limited partnership ("TP"), Tontine Management, L.L.C., a Delaware limited liability company ("TM"), Tontine Overseas Associates, L.L.C., a Delaware limited liability company ("TOA"), Tontine Capital Overseas Master Fund II, L.P., a Cayman Islands limited partnership ("TCP 2"), Tontine Asset Associates, L.L.C., a Delaware limited liability company ("TAA"), Tontine Associates, L.L.C., a Delaware limited liability company ("TA"), and Jeffrey L. Gendell ("Mr. Gendell"). Mr. Gendell is the managing member of: (a) TCM, the general partner of TCP; (b) TM, the general partner of TP; (c) TOA; (d) TAA, the general partner of TCP 2; and (e) TA.
On March 18, 2014, TP sold 64,132 shares of Common Stock at a weighted average price of $26.03 per share. These shares were sold in multiple transactions at prices ranging from $26.00 to $26.25, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
On March 19, 2014, TP sold 10,868 shares of Common Stock at a weighted average price of $26.13 per share. These shares were sold in multiple transactions at prices ranging from $26.10 to $26.15, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
TAA, TCP 2 and TM directly own 0 shares of Common Stock, TA directly owns 22,477 shares of Common Stock, TCP directly owns 120,098 shares of Common Stock, TCM directly owns 95,787 shares of Common Stock, TP directly owns 655,953 shares of Common Stock, TOA directly owns 98,080 shares of Common Stock and Mr. Gendell directly owns 549,000 shares of Common Stock.
All of the foregoing securities may be deemed to be beneficially owned by Mr. Gendell. The foregoing securities held by TCP may be deemed to be beneficially owned by TCM. The foregoing securities held by TP may be deemed to be beneficially owned by TM. The foregoing securities held by TCP 2 may be deemed to be beneficially owned by TAA.
Mr. Gendell disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by Mr. Gendell or representing Mr. Gendell's pro rata interest in, and interest in the profits of, TCM, TCP, TP, TM, TOA, TCP 2, TAA and TA. TCM disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TCM or representing TCM's pro rata interest in, and interest in the profits of, TCP. TM disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TM or representing TM's pro rata interest in, and interest in the profits of, TP.
TOA disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TOA. TAA disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TAA or representing TAA's pro rata interest in, and interest in the profits of, TCP 2. TA disclaims beneficial ownership of the Issuer's securities reported herein for purposes of Section 16(a) under the Securities Exchange Act of 1934, as amended, or otherwise, except as to securities directly owned by TA.