<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 12)
Westmoreland Coal Company
-----------
(Name of Issuer)
Common Stock
------------
(Title of Class of Securities)
960878 10 6
-----------
(CUSIP Number)
Check the following if a fee is being paid with this statement [_]. (A fee is
not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent of such class.) (See
Rule 13d-7.)
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
1
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CUSIP NO. 960878 10 6 13G
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Norwest Corporation
Tax Identification No. 41-0449260
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE LINE IF A MEMBER OF A GROUP* (A) ______
(B) ______
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES
626,006(1)
BENEFICIALLY -----------------------------------------------------------
SHARED VOTING POWER
OWNED BY 6
9,431(2)
EACH -----------------------------------------------------------
7 SOLE DISPOSITIVE POWER
REPORTING
781,157(3)
PERSON 8 -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH
1,100
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
787,627(4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [_]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.6%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC
- --------------------------------------------------------------------------------
(1) Includes 376,206 shares issuable upon conversion of $2.10 Convertible
Preferred.
(2) Includes 6,831 shares issuable upon conversion of $2.10 Convertible
Preferred.
(3) Includes 462,958 shares issuable upon conversion of $2.10 Convertible
Preferred.
(4) Includes 467,227 shares issuable upon conversion of $2.10 Convertible
Preferred.
2
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CUSIP NO. 960878 10 6 13G
- --------------------------------------------------------------------------------
1 NAME OR REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Norwest Colorado, Inc.
Tax Identification No. 84-1187164
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE LINE IF A MEMBER OF A GROUP* (A) ______
(B) ______
- --------------------------------------------------------------------------------
3 SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
COLORADO
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 625,706(1)
------------------------------------------------------------
BENEFICIALLY SHARED VOTING POWER
6
OWNED BY 9,431(2)
------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 780,857(3)
------------------------------------------------------------
PERSON 8 SHARED DISPOSITIVE POWER
WITH 1,100
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
787,327(4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES[_]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.6%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
HC
- --------------------------------------------------------------------------------
(1) Includes 376,206 shares issuable upon conversion of $2.10 Convertible
Preferred.
(2) Includes 6,831 shares issuable upon conversion of $2.10 Convertible
Preferred.
(3) Includes 462,958 shares issuable upon conversion of $2.10 Convertible
Preferred.
(4) Includes 467,227 shares issuable upon conversion of $2.10 Convertible
Preferred.
3
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CUSIP NO. 960878 10 6 13G
- --------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Norwest Bank Colorado, National Association (successor to
Norwest Bank Denver, National Association)
Tax Identification No. 84-0187632
- --------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE LINE IF A MEMBER OF A GROUP* (A) ______
(B) ______
- --------------------------------------------------------------------------------
SEC USE ONLY
- --------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- --------------------------------------------------------------------------------
NUMBER OF 5 SOLE VOTING POWER
SHARES 625,706(1)
------------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 7,931(2)
7 ------------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
REPORTING 780,357(3)
8 ------------------------------------------------------------
PERSON SHARED DISPOSITIVE POWER
WITH 100
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
785,827(4)
- --------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES[_]
- --------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
10.6%
- --------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
BK
- --------------------------------------------------------------------------------
(1) Includes 376,206 shares issuable upon conversion of $2.10 Convertible
Preferred.
(2) Includes 6,831 shares issuable upon conversion of $2.10 Convertible
Preferred.
(3) Includes 462,958 shares issuable upon conversion of $2.10 Convertible
Preferred.
(4) Includes 467,227 shares issuable upon conversion of $2.10 Convertible
Preferred.
4
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 12)
Item 1(a) Name of Issuer:
- --------- --------------
Westmoreland Coal Company
Item 1(b) Address of Issuer's Principal Executive Offices:
- --------- -----------------------------------------------
700 The Bellevue
200 So. Broad St.
Philadelphia, PA 19102
Item 2(a) Name of Person Filing:
- --------- ---------------------
1. Norwest Corporation
2. Norwest Colorado, Inc. ("NCI")
3. Norwest Bank Colorado, National Association (successor to
Norwest Bank Denver, National Association) ("NBC")
This statement is filed by Norwest Corporation on behalf of
all of the persons listed above pursuant to Rule 13d-1(b).
Attached is an agreement among the persons listed above to
that effect. NCI is a direct subsidiary of Norwest
Corporation. NBC is a direct subsidiary of NCI and an
indirect subsidiary of Norwest Corporation.
5
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Item 2(b) Address of Principal Business Office(s):
- --------- ---------------------------------------
1. Norwest Corporation
Norwest Center
Sixth and Marquette
Minneapolis, MN 55479-1000
2. Norwest Colorado, Incorporated
One United Bank Center
1700 Lincoln Street
Denver, CO 80274-0010
3. Norwest Bank Colorado, National Association
1700 Broadway
Denver, CO 80274-0005
Item 2(c) Citizenship:
- --------- -----------
1. Norwest Corporation is a Delaware corporation.
2. NCI is a Colorado corporation.
3. NBC is a national banking association.
Item 2(d) Title of Class of Securities:
- --------- ----------------------------
Common Stock
Item 2(e) CUSIP Number:
- --------- ------------
960878 10 6
Item 3 Type of Person:
- ------ --------------
(g) Parent holding company for Norwest Corporation
(g) Parent holding company for NCI
(b) Bank for NBC
Item 4 Ownership:
- ------ ---------
1. Norwest Corporation
(a) Amount Beneficially Owned. At December 31, 1993, Norwest
Corporation was deemed to own, indirectly through its
subsidiaries, 787,627 shares. This amount includes (i) shares
issuable upon conversion of 273,600 depositary shares, each
representing 1/4 share of Series A Convertible Preferred Stock
("Convertible Preferred"), with a conversion ratio of 1.7077x
(the "Depositary Shares") and (ii) the shares reported below as
held by NCI and NBC. Norwest Corporation has no other rights to
acquire additional shares through the exercise of options or
otherwise.
(b) Percent of Class: 10.6%
6
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(c) Number of shares as to which Norwest Corporation, indirectly
through its subsidiaries, has:
(i) Sole power to vote or direct the vote: 626,006
(includes shares issuable upon conversion of 220,300
Depositary Shares).
(ii) Shared power to vote or direct the vote: 9,431
(includes shares issuable upon conversion of 4,000
Depositary Shares).
(iii) Sole power to dispose or to direct the disposition of:
781,157 (includes shares issuable upon conversion
of 271,100 Depositary Shares).
(iv) Shared power to dispose or direct the disposition of:
1,100.
2. NCI
(a) Amount Beneficially Owned. At December 31, 1993, NCI was
deemed to own, indirectly through its subsidiaries, 787,327
shares. This amount includes (i) shares issuable upon conversion
of 273,600 Depositary Shares and (ii) shares reported below as
held by NBC. NCI has no other rights to acquire additional shares
through the exercise of options or otherwise.
(b) Percent of Class: 10.6%
(c) Number of shares as to which NCI, indirectly through its
subsidiaries, has:
(i) Sole power to vote or direct the vote: 625,706
(includes shares issuable upon conversion of 220,300
Depositary Shares).
(ii) Shared power to vote or direct the vote: 9,431
(includes shares issuable upon conversion of 4,000
Depositary Shares).
(iii) Sole power to dispose or to direct the disposition of:
780,857 (includes shares issuable upon conversion
of 271,100 Depositary Shares).
(iv) Shared power to dispose or direct the disposition of:
1,100.
7
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3. NBC
(a) Amount Beneficially Owned. At December 31, 1993, NBC was deemed
to own 785,827 shares. This amount includes shares issuable upon
conversion of 273,600 Depositary Shares. NBC has no other rights to
acquire additional shares through the exercise of options or
otherwise.
(b) Percent of Class: 10.6%
(c) Number of shares at to which NBC has:
(i) Sole power to vote or direct the vote: 625,706
(includes shares issuable upon conversion of 220,300
Depositary Shares).
(ii) Shared power to vote or direct the vote: 7,931 (includes
shares issuable upon conversion of 4,000 Depositary
Shares).
(iii) Sole power to dispose or to direct the disposition of:
780,357 (includes shares issuable upon conversion of
271,100 Depositary Shares).
(iv) Shared power to dispose or direct the disposition of:
100.
The persons filing disclaim beneficial ownership of, and the filing of
this statement shall not be construed as an admission that the persons
filing are beneficial owners of, the shares covered by this statement
for purposes of Sections 13, 14, or 16 of the Act.
Item 5 Ownership of Five Percent or Less of Class:
- ------ ------------------------------------------
Not Applicable
Item 6 Ownership of More than Five Percent on Behalf of Another Person:
- ------ ---------------------------------------------------------------
Not Applicable
Item 7 Identification and Classification of the Subsidiary Which Acquired
- ------ ------------------------------------------------------------------
the Security Being Reported on by the Parent Holding Company:
------------------------------------------------------------
See Exhibit A
Item 8 Identification and Classification of Members of the Group:
- ------ ---------------------------------------------------------
Not Applicable
Item 9 Notice of Dissolution of Group:
- ------ ------------------------------
Not Applicable
8
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Item 10 Certification:
- ------- -------------
By signing below, I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary
course of business and were not acquired for the purpose of and do not
have the effect of changing or influencing the control of the issuer
of such securities and were not acquired in connection with or as a
participant in any transaction having such purposes or effect.
Signature:
---------
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true,
complete, and correct.
Dated: February 4, 1994
NORWEST CORPORATION
By /s/ Laurel A. Holschuh
----------------------
Laurel A. Holschuh, Senior Vice President
and Secretary
9
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EXHIBIT A
---------
(Attached to and forming a part of Schedule 13G filed by Norwest Corporation on
its own behalf and on behalf of Norwest Colorado, Inc. and Norwest Bank
Colorado, National Association regarding Westmoreland Coal Company Common
Stock.)
Item 7
- ------
(a) Norwest Bank Boulder, National Association is a bank - Item 3(b)
(b) Norwest Bank Colorado, National Association is a bank - Item 3(b)
(c) Norwest Capital Management & Trust Co., Montana is a bank - Item 3(b)
(d) Norwest Colorado, Inc. is a parent holding company - Item 3(g)
10
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AGREEMENT
---------
The undersigned hereby agree that the statement on Schedule 13G to which this
Agreement is attached shall be filed on behalf of Norwest Colorado, Inc. and
Norwest Bank Colorado, National Association by Norwest Corporation, which
directly holds 100% of the outstanding capital stock of Norwest Colorado, Inc.
and indirectly holds 100% of the outstanding capital stock of Norwest Bank
Colorado, National Association.
Dated: February 4, 1994
NORWEST CORPORATION
By: /s/ Laurel A. Holschuh
-----------------------
Laurel A. Holschuh, Senior Vice President
and Secretary
NORWEST COLORADO, INC.
By: /s/ Dennis D. Erickson
----------------------
Dennis D. Erickson, Executive Vice
President, Treasurer, Chief
Financial Officer, and Assistant
Secretary
NORWEST BANK COLORADO, NATIONAL ASSOCIATION
(successor to Norwest Bank Denver, National Association)
By: /s/ Denise B. Johnson
---------------------
Denise B. Johnson, Vice President
11
