Snelling Michael Keith 4
4 · MASSEY ENERGY CO · Filed Feb 16, 2011
Insider Transaction Report
Form 4
Snelling Michael Keith
VP - Surface OperationsOther
Transactions
- Exercise/Conversion
Common Stock
2011-02-14$38.99/sh+6,000$233,970→ 19,745 total - Exercise/Conversion
Employee Stock Options (right to buy)
2011-02-14−6,000→ 5,545 totalExercise: $38.99From: 2006-11-17Exp: 2015-11-14→ Common Stock (6,000 underlying) - Sale
Common Stock
2011-02-14$64.99/sh−6,000$389,940→ 13,745 total
Footnotes (2)
- [F1]The applicable option was exercised and the underlying common stock was sold pursuant to a sales plan entered into by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- [F2]Consideration for these stock options is in the form of labor performed for or services rendered to Massey, having a fair market value of not less than the present fair market value of a like number of options of the common stock of Massey.