4//SEC Filing
MASSEY ENERGY CO 4
Accession 0001140361-11-031267
CIK 0000037748operating
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 4:06 PM ET
Size
11.1 KB
Accession
0001140361-11-031267
Insider Transaction Report
Form 4
INMAN BOBBY R
Director
Transactions
- Disposition to Issuer
Phantom Stock Units
2011-06-01−278.6→ 0 total→ Common Stock (278.6 underlying) - Disposition to Issuer
Common Stock
2011-06-01−36,562→ 0 total - Disposition to Issuer
Phantom Stock Units
2011-06-01−9,107.19→ 0 total→ Common Stock (9,107.19 underlying)
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 20,474 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]At the effective time of the merger, the director fee units were canceled, 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 director fee unit immediately before the effective time of the merger. If the Massey director fee unit is not otherwise payable to the reporting person at the effective date, the value of the merger consideration will be credited with interest under the Massey Deferred Directors Fees Program until paid pursuant to that program.
- [F3]At the effective time of the merger, these director fee units were assumed by Alpha and automatically converted into an award in respect of Alpha common stock on the same terms and conditions as were applicable immediately prior to the effective time of the merger, except that the number of whole shares of Alpha common stock underlying each such converted director fee unit (rounded up to the nearest whole share) will be adjusted based on the average prices per share of Massey common stock and Alpha common stock on each of the last five consecutive trading days prior to the effective time of the merger.
Documents
Issuer
MASSEY ENERGY CO
CIK 0000037748
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000037748
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 4:06 PM ET
- Size
- 11.1 KB