Sears Steve Edgar 4
4 · MASSEY ENERGY CO · Filed Jan 5, 2011
Insider Transaction Report
Form 4
Sears Steve Edgar
VP, Sales & Marketing
Transactions
- Sale
Common Stock
2011-01-03$55.00/sh−6,927$380,985→ 13,323 total - Exercise/Conversion
Employee Stock Options (right to buy)
2011-01-03−6,927→ 0 totalExercise: $13.60From: 2007-11-17Exp: 2013-11-17→ Common Stock (6,927 underlying) - Exercise/Conversion
Common Stock
2011-01-03$55.00/sh+6,927$380,985→ 20,250 total
Holdings
- 5,932(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]This cashless stock option exercise was made in accordance with a pre-established Rule 10b5-1 trading plan put in place by the reporting person.
- [F2]Consideration for these stock options is in the form of labor performed for services rendered to Massey, having a value of not less than the present fair market value of a like manner of options of common stock of Massey on the date of the grant.