4//SEC Filing
Holland Robert B III 4
Accession 0001140361-11-031265
CIK 0000037748other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 4:04 PM ET
Size
10.9 KB
Accession
0001140361-11-031265
Insider Transaction Report
Form 4
Holland Robert B III
Director
Transactions
- Disposition to Issuer
Restricted Units (phantom stock units)
2011-06-01−2,345→ 0 total→ Common Stock (2,345 underlying) - Disposition to Issuer
Stock Option (right to buy)
2011-06-01−2,933→ 0 totalExercise: $31.56Exp: 2020-08-23→ Common Stock (2,933 underlying) - Disposition to Issuer
Common Stock
2011-06-01−4,861→ 0 total
Footnotes (3)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of January 27, 2011, among Massey Energy Company ("Massey") and Alpha Natural Resources, Inc. ("Alpha") and Mountain Merger Sub, Inc. Each share of Massey common stock was exchanged for (i) 1.025 shares of Alpha common stock and (ii) $10.00 in cash, without interest (the "Merger Consideration"). Includes 3,485 restricted shares that vested and converted into the Merger Consideration. Includes 1,376 restricted shares of Massey common stock that were converted into 1,666 restricted shares of Alpha common stock subject to the same terms and conditions as were appicable immediately prior to the merger. Any fractional share will be paid in cash.
- [F2]Pursuant to the Massey Energy Company Non-Employee Director Compensation Summary, the reporting person held 2,345 restricted units. Pursuant to the Merger Agreement, the restricted units were cancelled and the reporting person will receive a cash payment, without interest, equal to the product of (A) the sum of (x) 1.025 multiplied by $52.51 and (y) $10.00 in cash and (B) the number of shares of Massey common stock subject to the Massey restricted stock unit immediately prior to the effective time of the merger.
- [F3]The option provided that one third of the stock options vested and became exercisable beginning on August 23, 2011, one third on August 23, 2012, and the remaining third on August 23, 2013. Pursuant to the Merger Agreement, this option vested and converted into an option to purchase 3,551 shares of Alpha common stock at $26.07 per share, with the same terms and conditions as the original Massey stock option.
Documents
Issuer
MASSEY ENERGY CO
CIK 0000037748
Entity typeother
Related Parties
1- filerCIK 0001388339
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 4:04 PM ET
- Size
- 10.9 KB