MASSEY ENERGY CO 4
4 · MASSEY ENERGY CO · Filed Aug 25, 2010
Insider Transaction Report
Form 4
WELTY LINDA J
Director
Transactions
- Award
Common Stock
2010-08-23$31.56/sh+1,426$45,005→ 4,911 total - Award
Common Stock
2010-08-23$31.56/sh+3,485$109,987→ 3,485 total - Award
Restricted Units (phantom stock units)
2010-08-23+2,345→ 2,345 totalFrom: 2011-08-23Exp: 2013-08-23→ Common Stock (2,345 underlying)
Footnotes (5)
- [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]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 award of 1,426 restricted shares.
- [F3]The settlement price of each restricted unit is the cash value of one share of Massey common stock on the date such unit vests.
- [F4]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.
- [F5]These restricted units vest and are paid in cash in three equal installments beginning on August 23, 2011 and ending on August 23, 2013.