NATIONAL COAL CORP 4

Accession 0001170918-04-000715

CIK 0001089575operating

Filed

Dec 1, 7:00 PM ET

Accepted

Dec 2, 9:25 PM ET

Size

30.4 KB

Accession

0001170918-04-000715

Form 4

Period: 2004-08-31

Secretary and Treasurer

Transactions

Other
Call Option (right to buy)
2004-08-31−1→ 1 total(indirect: By Spouse)
From: 2004-06-30Exp: 2004-09-30→ Common Stock (5,194,555 underlying)
Other
Call Option (right to buy)
2004-10-31−1→ 0 total(indirect: By Spouse)
From: 2004-06-30Exp: 2004-10-31→ Common Stock (4,844,555 underlying)
Exercise of In-Money
Common Stock
2004-11-30+1,944,555→ 3,844,555 total(indirect: By Jenco Capital Corporation)
Purchase
Call Option (right to buy)
2004-10-31$10000.00/sh+1$10,000→ 1 total(indirect: By Spouse)
From: 2004-06-30Exp: 2004-11-30→ Common Stock (4,844,555 underlying)
Exercise of In-Money
Call Option (right to buy)
2004-11-30−1→ 0 total(indirect: By Jenco Capital Corporation)
From: 2004-06-30Exp: 2004-11-30→ Common Stock (1,944,555 underlying)
Other
Call Option (right to buy)
2004-11-30−1→ 1 total(indirect: By Jenco Capital Corporation)
From: 2004-06-30Exp: 2004-11-30→ Common Stock (4,844,555 underlying)
Other
Call Option (right to buy)
2004-09-30−1→ 0 total(indirect: By Spouse)
From: 2004-06-30Exp: 2004-09-30→ Common Stock (4,844,555 underlying)
Purchase
Call Option (right to buy)
2004-09-30$10000.00/sh+1$10,000→ 1 total(indirect: By Spouse)
From: 2004-06-30Exp: 2004-10-31→ Common Stock (4,844,555 underlying)
Exercise of In-Money
Common Stock
2004-11-30$0.20/sh+5,000,000$1,000,000→ 8,844,555 total(indirect: By Jenco Capital Corporation)

Holdings

Footnotes (7)

[F1]The Reporting Person may be deemed to beneficially own such securities, but disclaims beneficial ownership in such securities, except to the extent of the Reporting Person's pecuniary interest therein.
[F2]The Reporting Person assigned a portion of this option to two parties to purchase an aggregate of 350,000 shares of Common Stock at an exercise price of $0.65 per share. This option remains exercisable for an aggregate of 4,844,555 shares of Common Stock. The exercise price for 4,700,000 shares is $0.55 per share and the exercise price for the remaining 144,555 shares is $0.65 per share.
[F3]The exercise price for 4,700,000 shares is $0.55 per share and the exercise price for the remaining 144,555 shares is $0.65 per share.
[F4]Amendment of outstanding option resulting in deemed cancellation of option and grant of replacement option.
[F5]The Reporting Person assigned a portion of this option to various parties to purchase an aggregate of 2,900,000 shares of Common Stock at an exercise price of $0.55 per share, and the remaining portion to Jenco Capital Corporation to purchase 1,800,000 shares at an exercise price of $0.55 per share and 144,555 shares at an exercise price of $0.65 per share.
[F6]The exercise price for 1,800,000 shares is $0.55 per share and the exercise price for the remaining 144,555 shares is $0.65 per share.
[F7]The Reporting Person assigned this option to Jenco Capital Corporation.

Documents

1 file

NATIONAL COAL CORP

CIK 0001089575

Entity typeoperating

IncorporatedFL