Holland Robert B III 4

4 · MASSEY ENERGY CO · Filed Aug 25, 2010

Form 4

Period: 2010-08-23

Director

Transactions

Award
Common Stock
2010-08-23$31.56/sh+3,485$109,987→ 3,485 total
Award
Stock Option (right to buy)
2010-08-23+2,933→ 2,933 total
Exercise: $31.56Exp: 2020-08-23→ Common Stock (2,933 underlying)
Award
Restricted Units (phantom stock units)
2010-08-23+2,345→ 2,345 total
From: 2011-08-23Exp: 2013-08-23→ Common Stock (2,345 underlying)

Footnotes (6)

[F1]Pursuant to the Massey Energy Company Non-Employee Director Compensation Summary (effective November 9, 2009), the reporting person was granted an initial stock award of 3,485 restricted shares.
[F2]The settlement price of each restricted unit is the cash value of one share of Massey common stock on the date such unit vests.
[F3]Pursuant to the Massey Energy Company Non-Employee Director Compensation Summary (effective November 9, 2009), the reporting person was granted an initial unit award of 2,345 restricted units.
[F4]These restricted units vest and are paid in cash in three equal installments beginning on August 23, 2011 and ending on August 23, 2013.
[F5]Pursuant to the Massey Energy Company Non-Employee Director Compensation Summary (effective November 9, 2009), the reporting person was granted a pro rata portion of an annual stock option award of 2,933 stock options.
[F6]One third of these stock options vest and become exercisable beginning on August 23, 2011, one third on August 23, 2012, and the remaining third on August 23, 2013.

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