Wood Frank J 4
4 · Alpha Natural Resources, Inc. · Filed Mar 31, 2011
Insider Transaction Report
Form 4
Wood Frank J
Sr. VP and CFO
Transactions
- Exercise/Conversion
Non-qualified Stock Options (Right to Buy)
2011-03-30−30,000→ 80,079 totalExercise: $7.87Exp: 2014-08-10→ Common Stock (30,000 underlying) - Sale
Common Stock
2011-03-30$60.00/sh−30,000$1,800,069→ 121,556 total - Exercise/Conversion
Common Stock
2011-03-30$7.87/sh+30,000$236,100→ 151,556 total
Footnotes (5)
- [F1]The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 23, 2011.
- [F2]Represents the weighted average sales price for all sales reported in the transaction by reporting person. The actual range of prices for the reported sales in the transaction is $60.00 to $60.12. Upon request, the reporting person will provide to the SEC's staff, the Issuer or its shareowners, full information regarding the number of shares sold at each separate price.
- [F3]Balance reflects adjustment related to over-reporting of 5 shares on reporting person's Form 4 filed on August 4, 2009; the adjustment relates to a rounding discrepancy in connection with the 1.084 exchange ratio pursuant to the Agreement and Plan of Merger between Alpha Natural Resources, In. and Foundation Coal Holdings Inc. dated May 11, 2009 (renamed Alpha Natural Resources, Inc.)
- [F4]Price reflects adjustment for 1.084 exchange ratio pursuant to the Agreement and Plan of Merger between Alpha Natural Resources, Inc. and Foundation Coal Holdings, Inc. dated May 11, 2009 (renamed Alpha Natural Resources, Inc.)
- [F5]The 287,335 shares of common stock originally subject to this option were set tol vest on August 10, 2012. Upon the achievement of certain annual performance targets, the options were subject to partial accelerated vesting. The Compensation approved the vesting of 10 percent of the options effective December 31, 2004, 20 percent effective December 31, 2005, 15 percent effective December 31, 2006, 20 percent effective December 31, 2007, 5 percent effective February 11, 2008, 15 percent effective February 20, 2009, and 5 percent effective July 31, 2009.