NIX JON 4

4 · NATIONAL COAL CORP · Filed Sep 2, 2004

Form 4

Period: 2004-07-31

DirectorCEO, President and Chairman10% Owner

Transactions

Other
Call Option (right to buy)
2004-08-31−34→ 1 total
From: 2004-06-30Exp: 2004-09-30→ Common Stock (5,380,277 underlying)
Other
Call Option (right to buy)
2004-07-31−1→ 0 total
From: 2004-06-30Exp: 2004-07-31→ Common Stock (10,574,832 underlying)
Purchase
Call Option (right to buy)
2004-07-31$10000.00/sh+1$10,000→ 1 total
From: 2004-06-30Exp: 2004-08-13→ Common Stock (10,574,832 underlying)
Other
Call Option (right to buy)
2004-08-13−1→ 0 total
From: 2004-06-30Exp: 2004-08-13→ Common Stock (10,574,832 underlying)
Purchase
Call Option (right to buy)
2004-08-13$10000.00/sh+1$10,000→ 1 total
From: 2004-06-30Exp: 2004-09-30→ Common Stock (10,574,832 underlying)

Footnotes (3)

[F1]The exercise price for 5,000,000 shares is $0.55 per share and the exercise price for the remaining 5,574,832 shares is $0.65 per share.
[F2]Amendment of outstanding option resulting in deemed cancellation of option and grant of replacement option.
[F3]The Reporting Person assigned portions of this option to 34 separate parties to purchase an aggregate of 5,380,277 shares of Common Stock. This option remains exercisable for an aggregate of 5,194,555 shares of Common Stock. The exercise price for 4,700,000 shares is $0.55 per share and the exercise price for the remaining 494,555 shares is $0.65 per share.

Documents

1 file