<html>
<head>
<title>Form S-8</title>
</head>
<body>

<P align=center><FONT FACE="Times New Roman, Times, Serif" size=3>As filed with the Securities and Exchange Commission on July 7, 2003</font></p>
<P align=right><FONT FACE="Times New Roman, Times, Serif" size=3>Registration No. 333-_____</font></p>

<hr noshade size=3>

<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" size=3>SECURITIES
AND EXCHANGE COMMISSION<br>Washington,
D.C. 20549</FONT></H1>

<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" size=3>FORM S-8</FONT></H1>

<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" size=3>REGISTRATION
STATEMENT UNDER<br>THE
SECURITIES ACT OF 1933</FONT></H1>

<p ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" size=3><b>Westmoreland
Coal Company</b><br>

                                        (Exact Name of Registrant as Specified in Its Charter)</FONT></p>

<table align=center border=0>
<tr>
<td width=50% align=center><b>Delaware</b></td>
<td width=50% align=center><b>23-1128670</b></td>
</tr>
<tr>
<td align=center>(State or Other Jurisdiction of<br>Incorporation or
                Organization)</td>
<td align=center>(I.R.S. Employer<br>Identification No.)</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td align=center><b>14th Floor, 2 North Cascade Avenue<br>
                             Colorado Springs, Colorado</b></td>
<td align=center><b>  80903</b></td>
</tr>
<tr>
<td align=center>(Address of Principal Executive Offices)</td>
<td align=center>(Zip Code)</td>
</tr>
</table>

<p ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" size=3><b>2002
Long-Term Incentive Stock Plan</b><br>

                                                       (Full Title of the Plan)</font></p>

<p ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" size=3><b>W. Michael
Lepchitz<br>Vice
President, General Counsel and Secretary<br>14<SUP>th</SUP>
Floor, 2 North Cascade Avenue<br>Colorado
Springs, Colorado 80903</b><br>

                                                (Name and Address of Agent For Service)</font></p>

<p ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" size=3><b>(719)
442-2600</b><br>

                                     (Telephone Number, Including Area Code, of Agent For Service)</FONT></p>

<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" size=3>CALCULATION
OF REGISTRATION FEE</FONT></H1>

<table width=650 align=center border=1>
<tr>
<td width=20% align=center valign=bottom>Title of<br>Securities
      to be<br>Registered</td>
<td width=20% align=center valign=bottom>Amount to be
              <br>Registered(1)</td>
<td width=20% align=center valign=bottom>Proposed<br>Maximum<br>Offering Price<br>Per
                        Share</td>
<td width=20% align=center valign=bottom>Proposed<br>Maximum<br>Aggregate<br>Offering
         Price</td>
<td width=20% align=center valign=bottom>Amount of<br>
Registration Fee</td>
</tr>

<tr>
<td width=20% align=center valign=bottom>
Common Stock,<br>$2.50
par value<br>per
share(2)</td>

<td width=20% align=center valign=bottom>450,000 shares</td>

<td width=20% align=center valign=bottom>$12.855-$18.08(3)</td>

<td width=20% align=center valign=bottom>$7,567,975.86(3)</td>

<td width=20% align=center valign=bottom>$613.00</td>
</tr>
</table>
<br>
<table>
<tr>
<td width=5% valign=top>(1)</td>
<td width=95%>In accordance with Rule 416 under the Securities Act of 1933, as amended, this registration statement shall be deemed to
         cover any additional securities that may from time to time be offered or issued to prevent dilution resulting from stock
         splits, stock dividends or similar transactions.</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td valign=top>(2)</td>
<td>This Registration Statement also relates to rights to purchase shares of the Registrant's Series B Junior Participating
         Preferred Stock (the "Rights"), which are attached to all shares of Common Stock.  Until the occurrence of certain
         prescribed events, the Rights are not exercisable, are evidenced by the certificates for the Common Stock and will be
         transferable along with and only with the Common Stock.  The value attributable to the Rights, if any, is reflected in the
         value of the Common Stock.</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td valign=top>(3)</td>
<td>      Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(h) of the Securities Act of 1933,
         as amended.  The price per share and aggregate offering price are calculated on the basis of (a) $15.1196, the weighted average exercise price of the 182,850 shares subject to
outstanding stock option grants under the 2002 Long-Term Incentive Stock Plan, at prices ranging from $12.855 to
$18.08, and (b) $17.98, the average of the high and low prices of the Registrant's Common Stock as reported on the
         American Stock Exchange on July 2, 2003, in accordance with Rule 457(c) under the Securities Act of 1933, as amended, for
         the 267,150 shares issuable under the 2002 Long-Term Incentive Stock Plan which are not subject to outstanding options.</td>
</tr>
</table>

<br>
<hr noshade>
<br>


<H2 ALIGN=center><FONT FACE="Times New Roman, Times, Serif" size=3>PART I<br>INFORMATION REQUIRED
IN THE SECTION 10(a) PROSPECTUS</FONT></H2>

<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Item 1. Plan
Information.</FONT></H2>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
information required by Item 1 is included in documents sent or given to
participants in the plan covered by this registration statement pursuant to Rule
428(b)(1) of the Securities Act of 1933, as amended (the &#147;Securities
Act&#148;). </FONT></P>

<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Item 2.
Registrant Information and Employee Plan Annual Information.</FONT></H2>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
written statement required by Item 2 is included in documents sent or given to
participants in the plan covered by this registration statement pursuant to Rule
428(b)(1) of the Securities Act. </FONT></P>

<H2 ALIGN=center><FONT FACE="Times New Roman, Times, Serif" size=3>PART II<br>INFORMATION
REQUIRED IN THE REGISTRATION STATEMENT</FONT></H2>

<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Item 3.
Incorporation of Documents by Reference.</FONT></H2>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
registrant is subject to the informational and reporting requirements of
Sections 13(a), 14, and 15(d) of the Securities Exchange Act of 1934, as amended
(the &#147;Exchange Act&#148;), and in accordance therewith files reports, proxy
statements and other information with the Securities and Exchange Commission
(the &#147;Commission&#148;). The following documents, which are on file with
the Commission, are incorporated in this registration statement by reference: </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;      The registrant's latest annual report filed pursuant to Section 13(a) or 15(d) of the Exchange Act or the latest prospectus
filed pursuant to Rule 424(b) under the Securities Act that contains audited financial statements for the registrant's latest fiscal
year for which such statements have been filed.</FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;      All other reports filed pursuant to Section 13(a) or 15(d) of the Exchange Act since the end of the fiscal year covered by
the document referred to in (a) above.</FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;      The description of the common stock, $2.50 par value per share, and associated preferred stock purchase rights, of the
registrant contained in the registrant's registration statement on Form 8-A filed under the Exchange Act by the registrant with the
Commission on March 12, 1999, including any amendment or report filed for the purpose of updating such description.</FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
documents subsequently filed by the registrant pursuant to Sections 13(a),
13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective
amendment which indicates that all securities offered hereby have been sold or
which deregisters all securities then remaining unsold, shall be deemed to be
incorporated by reference in this registration statement and to be part hereof
from the date of the filing of such documents. Any statement contained in a
document incorporated or deemed to be incorporated by reference herein shall be
deemed to be modified or superseded for the purposes of this registration
statement to the extent that a statement contained herein or in any other
subsequently filed document which also is or is deemed to be incorporated by
reference herein modifies or supersedes such statement. Any statement so
modified or superseded shall not be deemed, except as so modified or superseded,
to constitute a part of this registration statement. </FONT></P>

<br>
<P ALIGN=CENTER>-1-</P>
<br>

<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Item 4.
Description of Securities.</FONT></H2>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.</font></p>

<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Item 5. Interests
of Named Experts and Counsel.</FONT></H2>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;W. Michael Lepchitz is Vice President, General Counsel and Secretary of the registrant.  As of June 30, 2003, Mr. Lepchitz
owned 22,515 shares of the registrant's Common Stock and had options to purchase 66,000 shares of Common Stock, of which 52,700 are
exercisable.</font></p>

<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Item 6.
Indemnification of Directors and Officers.</FONT></H2>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
registrant&#146;s Restated Certificate of Incorporation limits the liability of
directors to the extent permitted by Delaware law. Delaware law provides that a
corporation&#146;s certificate of incorporation may contain a provision
eliminating or limiting the personal liability of a director for monetary
damages for breach of their fiduciary duties as directors, except for liability
(i) for any breach of their duty of loyalty to the corporation or its
stockholders, (ii) for acts or omissions not in good faith or which involve
intentional misconduct or a knowing violation of law, (iii) for unlawful
payments of dividends or unlawful stock repurchases or redemptions as provided
in Section 174 of the General Corporation Law of the State of Delaware or (iv)
for any transaction from which the director derived an improper personal
benefit. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
registrant&#146;s Bylaws provide that it shall indemnify its directors,
officers, supervisors and managers to the fullest extent permitted by law. </FONT></P>

<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Item 7.
Exemption from Registration Claimed.</FONT></H2>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.</font></p>

<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Item 8. Exhibits.</FONT></H2>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Exhibit Index immediately preceding the exhibits is incorporated herein by
reference. </FONT></P>

<H2 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Item 9.
Undertakings.</FONT></H2>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;       <u>Item 512(a) of Regulation S-K.</u> The undersigned registrant hereby undertakes:</font></p>


<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;      To file, during any period in which offers or sales are being made, a post-effective amendment to this registration
         statement:</font></p>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To include any prospectus required by Section 10(a)(3) of the Securities Act;
</font></p>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most
         recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the
         information set forth in the registration statement; and</font></p>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To include any material information with respect to the plan of distribution not previously disclosed in the registration
         To include any material information with respect to the plan of distribution not previously disclosed in the registration
         statement or any material change to such information in the registration statement; <I>provided,
however,</I> that paragraphs (i) and (ii) do not apply if the information
required to be included in a post-effective amendment by those paragraphs is
contained in periodic reports filed with or furnished to the Commission by the
registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are
incorporated by reference in the registration statement.</font></p>

<br>
<P ALIGN=CENTER>-2-</P>
<br>


<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be
         deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at
         that time shall be deemed to be the initial bona fide offering thereof.</font></p>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
To remove from registration by means of a post-effective amendment any of the securities being registered which remain
         unsold at the termination of the offering.</font></p>


<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
       <u>Item 512(a) of Regulation S-K.</u> The undersigned registrant hereby undertakes that, for purposes of determining any liability
under the Securities Act, each filing of the registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange
Act that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to
the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering
thereof.</font></p>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
       <u>Item 512(a) of Regulation S-K.</u> Insofar as indemnification for liabilities arising under the Securities Act may be permitted
to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant
has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as
expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such
liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of
the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling
person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has
been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it
is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.</font></p>

<br>
<P ALIGN=CENTER>-3-</P>
<br>

<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" size=3>SIGNATURES</FONT></H1>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, the registrant certifies that
it has reasonable grounds to believe that it meets all of the requirements for
filing on Form S-8 and has duly caused this registration statement to be signed
on its behalf by the undersigned, thereunto duly authorized, in the City of
Colorado Springs, State of Colorado, on this 7th day of July, 2003. </FONT></P>

<table width=650 align=center>
<tr>
<td width=47%>&nbsp;</td>
<td width=53%>WESTMORELAND COAL COMPANY</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>By: <u>/s/ W. Michael Lepchitz</u></td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;W. Michael Lepchitz</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Vice President, General Counsel<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;and Secretary</td>
</tr>
</table>

<P><FONT FACE="Times New Roman, Times, Serif" size=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, this registration statement
has been signed by the following persons in the capacities and on the dates
indicated. </FONT></P>


<table width=650 border=0 cellspacing=0 cellpadding=0>
<tr>
<td width=30% ALIGN=CENTER><b><u>Signature</u></b></td>
<td width=10%>&nbsp;</td>
<td width=45%><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>Title</u></b></td>
<td width=25% align=center><b><u>Date</u></b></td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td align=center>*</td>
<td>&nbsp;</td>
<td>Chairman of the Board, President</td>
<td align=center>July 7, 2003</td>
</tr>
<tr>
<td ALIGN=CENTER><hr noshade width=85%></td>
<td>&nbsp;</td>
<td>and Chief Executive Officer</td>
<td>&nbsp;</td>
</tr>
<tr>
<td ALIGN=CENTER>Christopher K. Seglem</td>
<td>&nbsp;</td>
<td>(Principal executive officer)</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td align=center>*</td>
<td>&nbsp;</td>
<td>Senior Vice President,</td>
<td align=center>July 7, 2003</td>
</tr>
<tr>
<td ALIGN=CENTER><hr noshade width=85%></td>
<td>&nbsp;</td>
<td>Finance and Development</td>
<td>&nbsp;</td>
</tr>
<tr>
<td ALIGN=CENTER>Robert J. Jaeger</td>
<td>&nbsp;</td>
<td>(Principal financial officer)</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td align=center>*</td>
<td>&nbsp;</td>
<td>Controller</td>
<td align=center>July 7, 2003</td>
</tr>
<tr>
<td ALIGN=CENTER><hr noshade width=85%></td>
<td>&nbsp;</td>
<td>(Principal accounting officer)</td>
<td>&nbsp;</td>
</tr>
<tr>
<td ALIGN=CENTER>Thomas S. Barta</td>
<td>&nbsp;</td>
<td></td>
<td>&nbsp;</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td align=center>*</td>
<td>&nbsp;</td>
<td>Director</td>
<td align=center>July 7, 2003</td>
</tr>
<tr>
<td ALIGN=CENTER><hr noshade width=85%></td>
<td>&nbsp;</td>
<td></td>
<td>&nbsp;</td>
</tr>
<tr>
<td ALIGN=CENTER>Michael Armstrong</td>
<td>&nbsp;</td>
<td></td>
<td>&nbsp;</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td align=center>*</td>
<td>&nbsp;</td>
<td>Director</td>
<td align=center>July 7, 2003</td>
</tr>
<tr>
<td ALIGN=CENTER><hr noshade width=85%></td>
<td>&nbsp;</td>
<td></td>
<td>&nbsp;</td>
</tr>
<tr>
<td ALIGN=CENTER>Thomas J. Coffey</td>
<td>&nbsp;</td>
<td></td>
<td>&nbsp;</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td align=center>*</td>
<td>&nbsp;</td>
<td>Director</td>
<td align=center>July 7, 2003</td>
</tr>
<tr>
<td ALIGN=CENTER><hr noshade width=85%></td>
<td>&nbsp;</td>
<td></td>
<td>&nbsp;</td>
</tr>
<tr>
<td ALIGN=CENTER>Robert E. Killen</td>
<td>&nbsp;</td>
<td></td>
<td>&nbsp;</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td align=center>*</td>
<td>&nbsp;</td>
<td>Director</td>
<td align=center>July 7, 2003</td>
</tr>
<tr>
<td ALIGN=CENTER><hr noshade width=85%></td>
<td>&nbsp;</td>
<td></td>
<td>&nbsp;</td>
</tr>
<tr>
<td ALIGN=CENTER>Thomas W. Ostrander</td>
<td>&nbsp;</td>
<td></td>
<td>&nbsp;</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td align=center>*</td>
<td>&nbsp;</td>
<td>Director</td>
<td align=center>July 7, 2003</td>
</tr>
<tr>
<td ALIGN=CENTER><hr noshade width=85%></td>
<td>&nbsp;</td>
<td></td>
<td>&nbsp;</td>
</tr>
<tr>
<td ALIGN=CENTER>James W. Sight</td>
<td>&nbsp;</td>
<td></td>
<td>&nbsp;</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td align=center>*</td>
<td>&nbsp;</td>
<td>Director</td>
<td align=center>July 7, 2003</td>
</tr>
<tr>
<td ALIGN=CENTER><hr noshade width=85%></td>
<td>&nbsp;</td>
<td></td>
<td>&nbsp;</td>
</tr>
<tr>
<td ALIGN=CENTER>William M. Stern</td>
<td>&nbsp;</td>
<td></td>
<td>&nbsp;</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td align=center>*</td>
<td>&nbsp;</td>
<td>Director</td>
<td align=center>July 7, 2003</td>
</tr>
<tr>
<td ALIGN=CENTER><hr noshade width=85%></td>
<td>&nbsp;</td>
<td></td>
<td>&nbsp;</td>
</tr>
<tr>
<td ALIGN=CENTER>Donald A. Tortorice</td>
<td>&nbsp;</td>
<td></td>
<td>&nbsp;</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td align=center>*By: /s/ W. Michael Lepchitz</td>
<td>&nbsp;</td>
<td></td>
<td align=center></td>
</tr>
<tr>
<td ALIGN=CENTER><hr noshade width=85%></td>
<td>&nbsp;</td>
<td></td>
<td>&nbsp;</td>
</tr>
<tr>
<td ALIGN=CENTER>W. Michael Lepchitz</td>
<td>&nbsp;</td>
<td></td>
<td>&nbsp;</td>
</tr>
<tr>
<td ALIGN=CENTER>Attorney-in-Fact</td>
<td>&nbsp;</td>
<td></td>
<td>&nbsp;</td>
</tr>
</table>

<br>
<P ALIGN=CENTER>-4-</P>
<br>


<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" size=3>INDEX TO
EXHIBITS</FONT></H1>

<table width=650 cellspacing=0 cellpadding=0>
<tr>
<TD WIDTH=15%><U>Number</U></TD>
<TD WIDTH=5%>&nbsp;</TD>
<TD WIDTH=80%><U>Description</U></TD>
</TR>
<TR>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<tr>
<TD>4.1 (1)</TD>
<TD>&nbsp;</TD>
<TD>Restated Certificate of Incorporation of the Registrant</TD>
</tR>
<TR>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<tr>
<TD>4.2 (2)</TD>
<TD>&nbsp;</TD>
<TD>Bylaws of the Registrant</TD>
</tR>
<TR>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<tr>
<TD VALIGN=TOP>4.3 (3)</TD>
<TD>&nbsp;</TD>
<TD>Amended and Restated Rights Agreement, dated as of February 7, 2003, between
                             Westmoreland Coal Company and the EquiServe Trust Company, N.A.</TD>
</tR>
<TR>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<tr>
<TD VALIGN=TOP>5.1</TD>
<TD>&nbsp;</TD>
<TD>Opinion of W. Michael Lepchitz</TD>
</tR>
<TR>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<tr>
<TD VALIGN=TOP>23.1 (4)</TD>
<TD>&nbsp;</TD>
<TD>Consent of W. Michael Lepchitz</TD>
</tR>
<TR>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<tr>
<TD VALIGN=TOP>23.2</TD>
<TD>&nbsp;</TD>
<TD>Consent of KPMG LLP</TD>
</tR>
<TR>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<tr>
<TD VALIGN=TOP>24.1</TD>
<TD>&nbsp;</TD>
<TD>Powers of attorney</TD>
</tR>
</TABLE>
<P>__________</P>

<TABLE width=650>
<tr>
<td width=5% valign=top>(1)</td>
<td width=95%>Previously filed with the Securities and Exchange Commission as an Exhibit to the Registrant's Annual Report on Form 10-K
         for the fiscal year ended December 31, 1994 (File No. 001-11155) and incorporated herein by reference.</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td valign=top>(2)</td>
<td>      Previously filed with the Securities and Exchange Commission as an Exhibit to the Registrant's Current Report on Form 8-K
         dated June 21, 1999 (File No. 001-11155) and incorporated herein by reference.</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td valign=top>(3)</td>
<td>      Previously filed with the Securities and Exchange Commission as Exhibit 4.1 to the Registrant's Current Report on Form 8-K
         filed February 7, 2003 (File No. 001-11155) and incorporated herein by reference.</td>
</tr>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td>(4)</td>
<td>      Included in Exhibit 5.1 to this Registration Statement.</td>
</tr>
</table>

<br>
<hr noshade>
<br>


</body>
</html>
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{"company-data": {"conformed-name": "WESTMORELAND COAL CO", "cik": "0000106455", "assigned-sic": "1220", "irs-number": "231128670", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-106852", "film-number": "03776979"}, "business-address": {"street1": "2 NORTH CASCADE AVENUE 14TH FLOOR", "city": "COLORADO SPRINGS", "state": "CO", "zip": "80903", "phone": "7194422600"}, "mail-address": {"street1": "2 N CASCADE AVE", "street2": "# 14THFL", "city": "COLORADO SPRINGS", "state": "CO", "zip": "80903-1614"}}
Form S-8
As filed with the Securities and Exchange Commission on July 7, 2003
Registration No. 333-_____
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM S-8
REGISTRATION
STATEMENT UNDER
THE
SECURITIES ACT OF 1933
Westmoreland
Coal Company
(Exact Name of Registrant as Specified in Its Charter)
Delaware
23-1128670
(State or Other Jurisdiction of
Incorporation or
                Organization)
(I.R.S. Employer
Identification No.)
14th Floor, 2 North Cascade Avenue
Colorado Springs, Colorado
80903
(Address of Principal Executive Offices)
(Zip Code)
2002
Long-Term Incentive Stock Plan
(Full Title of the Plan)
W. Michael
Lepchitz
Vice
President, General Counsel and Secretary
14
th
Floor, 2 North Cascade Avenue
Colorado
Springs, Colorado 80903
(Name and Address of Agent For Service)
(719)
442-2600
(Telephone Number, Including Area Code, of Agent For Service)
CALCULATION
OF REGISTRATION FEE
Title of
Securities
      to be
Registered
Amount to be
Registered(1)
Proposed
Maximum
Offering Price
Per
                        Share
Proposed
Maximum
Aggregate
Offering
         Price
Amount of
Registration Fee
Common Stock,
$2.50
par value
per
share(2)
450,000 shares
$12.855-$18.08(3)
$7,567,975.86(3)
$613.00
(1)
In accordance with Rule 416 under the Securities Act of 1933, as amended, this registration statement shall be deemed to
         cover any additional securities that may from time to time be offered or issued to prevent dilution resulting from stock
         splits, stock dividends or similar transactions.
(2)
This Registration Statement also relates to rights to purchase shares of the Registrant's Series B Junior Participating
         Preferred Stock (the "Rights"), which are attached to all shares of Common Stock.  Until the occurrence of certain
         prescribed events, the Rights are not exercisable, are evidenced by the certificates for the Common Stock and will be
         transferable along with and only with the Common Stock.  The value attributable to the Rights, if any, is reflected in the
         value of the Common Stock.
(3)
Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(h) of the Securities Act of 1933,
         as amended.  The price per share and aggregate offering price are calculated on the basis of (a) $15.1196, the weighted average exercise price of the 182,850 shares subject to
outstanding stock option grants under the 2002 Long-Term Incentive Stock Plan, at prices ranging from $12.855 to
$18.08, and (b) $17.98, the average of the high and low prices of the Registrant's Common Stock as reported on the
         American Stock Exchange on July 2, 2003, in accordance with Rule 457(c) under the Securities Act of 1933, as amended, for
         the 267,150 shares issuable under the 2002 Long-Term Incentive Stock Plan which are not subject to outstanding options.
PART I
INFORMATION REQUIRED
IN THE SECTION 10(a) PROSPECTUS
Item 1. Plan
Information.
The
information required by Item 1 is included in documents sent or given to
participants in the plan covered by this registration statement pursuant to Rule
428(b)(1) of the Securities Act of 1933, as amended (the "Securities
Act").
Item 2.
Registrant Information and Employee Plan Annual Information.
The
written statement required by Item 2 is included in documents sent or given to
participants in the plan covered by this registration statement pursuant to Rule
428(b)(1) of the Securities Act.
PART II
INFORMATION
REQUIRED IN THE REGISTRATION STATEMENT
Item 3.
Incorporation of Documents by Reference.
The
registrant is subject to the informational and reporting requirements of
Sections 13(a), 14, and 15(d) of the Securities Exchange Act of 1934, as amended
(the "Exchange Act"), and in accordance therewith files reports, proxy
statements and other information with the Securities and Exchange Commission
(the "Commission"). The following documents, which are on file with
the Commission, are incorporated in this registration statement by reference:
(a)          The registrant's latest annual report filed pursuant to Section 13(a) or 15(d) of the Exchange Act or the latest prospectus
filed pursuant to Rule 424(b) under the Securities Act that contains audited financial statements for the registrant's latest fiscal
year for which such statements have been filed.
(b)          All other reports filed pursuant to Section 13(a) or 15(d) of the Exchange Act since the end of the fiscal year covered by
the document referred to in (a) above.
(c)          The description of the common stock, $2.50 par value per share, and associated preferred stock purchase rights, of the
registrant contained in the registrant's registration statement on Form 8-A filed under the Exchange Act by the registrant with the
Commission on March 12, 1999, including any amendment or report filed for the purpose of updating such description.
All
documents subsequently filed by the registrant pursuant to Sections 13(a),
13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective
amendment which indicates that all securities offered hereby have been sold or
which deregisters all securities then remaining unsold, shall be deemed to be
incorporated by reference in this registration statement and to be part hereof
from the date of the filing of such documents. Any statement contained in a
document incorporated or deemed to be incorporated by reference herein shall be
deemed to be modified or superseded for the purposes of this registration
statement to the extent that a statement contained herein or in any other
subsequently filed document which also is or is deemed to be incorporated by
reference herein modifies or supersedes such statement. Any statement so
modified or superseded shall not be deemed, except as so modified or superseded,
to constitute a part of this registration statement.
-1-
Item 4.
Description of Securities.
Not applicable.
Item 5. Interests
of Named Experts and Counsel.
W. Michael Lepchitz is Vice President, General Counsel and Secretary of the registrant.  As of June 30, 2003, Mr. Lepchitz
owned 22,515 shares of the registrant's Common Stock and had options to purchase 66,000 shares of Common Stock, of which 52,700 are
exercisable.
Item 6.
Indemnification of Directors and Officers.
The
registrant's Restated Certificate of Incorporation limits the liability of
directors to the extent permitted by Delaware law. Delaware law provides that a
corporation's certificate of incorporation may contain a provision
eliminating or limiting the personal liability of a director for monetary
damages for breach of their fiduciary duties as directors, except for liability
(i) for any breach of their duty of loyalty to the corporation or its
stockholders, (ii) for acts or omissions not in good faith or which involve
intentional misconduct or a knowing violation of law, (iii) for unlawful
payments of dividends or unlawful stock repurchases or redemptions as provided
in Section 174 of the General Corporation Law of the State of Delaware or (iv)
for any transaction from which the director derived an improper personal
benefit.
The
registrant's Bylaws provide that it shall indemnify its directors,
officers, supervisors and managers to the fullest extent permitted by law.
Item 7.
Exemption from Registration Claimed.
Not applicable.
Item 8. Exhibits.
The
Exhibit Index immediately preceding the exhibits is incorporated herein by
reference.
Item 9.
Undertakings.
1.
Item 512(a) of Regulation S-K.
The undersigned registrant hereby undertakes:
(1)           To file, during any period in which offers or sales are being made, a post-effective amendment to this registration
         statement:
(i)       To include any prospectus required by Section 10(a)(3) of the Securities Act;
(ii)      To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most
         recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the
         information set forth in the registration statement; and
(iii)     To include any material information with respect to the plan of distribution not previously disclosed in the registration
         To include any material information with respect to the plan of distribution not previously disclosed in the registration
         statement or any material change to such information in the registration statement;
provided,
however,
that paragraphs (i) and (ii) do not apply if the information
required to be included in a post-effective amendment by those paragraphs is
contained in periodic reports filed with or furnished to the Commission by the
registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are
incorporated by reference in the registration statement.
-2-
(2)     
That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be
         deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at
         that time shall be deemed to be the initial bona fide offering thereof.
(3)     
To remove from registration by means of a post-effective amendment any of the securities being registered which remain
         unsold at the termination of the offering.
2.
Item 512(a) of Regulation S-K.
The undersigned registrant hereby undertakes that, for purposes of determining any liability
under the Securities Act, each filing of the registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange
Act that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to
the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering
thereof.
3.
Item 512(a) of Regulation S-K.
Insofar as indemnification for liabilities arising under the Securities Act may be permitted
to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant
has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as
expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such
liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of
the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling
person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has
been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it
is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.
-3-
SIGNATURES
Pursuant
to the requirements of the Securities Act of 1933, the registrant certifies that
it has reasonable grounds to believe that it meets all of the requirements for
filing on Form S-8 and has duly caused this registration statement to be signed
on its behalf by the undersigned, thereunto duly authorized, in the City of
Colorado Springs, State of Colorado, on this 7th day of July, 2003.
WESTMORELAND COAL COMPANY
By:
/s/ W. Michael Lepchitz
W. Michael Lepchitz
Vice President, General Counsel
and Secretary
Pursuant
to the requirements of the Securities Act of 1933, this registration statement
has been signed by the following persons in the capacities and on the dates
indicated.
Signature
Title
Date
*
Chairman of the Board, President
July 7, 2003
and Chief Executive Officer
Christopher K. Seglem
(Principal executive officer)
*
Senior Vice President,
July 7, 2003
Finance and Development
Robert J. Jaeger
(Principal financial officer)
*
Controller
July 7, 2003
(Principal accounting officer)
Thomas S. Barta
*
Director
July 7, 2003
Michael Armstrong
*
Director
July 7, 2003
Thomas J. Coffey
*
Director
July 7, 2003
Robert E. Killen
*
Director
July 7, 2003
Thomas W. Ostrander
*
Director
July 7, 2003
James W. Sight
*
Director
July 7, 2003
William M. Stern
*
Director
July 7, 2003
Donald A. Tortorice
*By: /s/ W. Michael Lepchitz
W. Michael Lepchitz
Attorney-in-Fact
-4-
INDEX TO
EXHIBITS
Number
Description
4.1 (1)
Restated Certificate of Incorporation of the Registrant
4.2 (2)
Bylaws of the Registrant
4.3 (3)
Amended and Restated Rights Agreement, dated as of February 7, 2003, between
                             Westmoreland Coal Company and the EquiServe Trust Company, N.A.
5.1
Opinion of W. Michael Lepchitz
23.1 (4)
Consent of W. Michael Lepchitz
23.2
Consent of KPMG LLP
24.1
Powers of attorney
__________
(1)
Previously filed with the Securities and Exchange Commission as an Exhibit to the Registrant's Annual Report on Form 10-K
         for the fiscal year ended December 31, 1994 (File No. 001-11155) and incorporated herein by reference.
(2)
Previously filed with the Securities and Exchange Commission as an Exhibit to the Registrant's Current Report on Form 8-K
         dated June 21, 1999 (File No. 001-11155) and incorporated herein by reference.
(3)
Previously filed with the Securities and Exchange Commission as Exhibit 4.1 to the Registrant's Current Report on Form 8-K
         filed February 7, 2003 (File No. 001-11155) and incorporated herein by reference.
(4)
Included in Exhibit 5.1 to this Registration Statement.