Roling Daniel A 4
4 · NATIONAL COAL CORP · Filed Jan 12, 2010
Insider Transaction Report
Form 4
Roling Daniel A
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2010-01-08−500,000→ 0 totalExercise: $8.88Exp: 2016-08-09→ Common Stock (500,000 underlying) - Award
Stock Option (Right to Buy)
2010-01-08+500,000→ 500,000 totalExercise: $1.14Exp: 2016-08-09→ Common Stock (500,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-01-08−75,000→ 0 totalExercise: $5.22Exp: 2018-02-04→ Common Stock (75,000 underlying) - Award
Stock Option (Right to Buy)
2010-01-08+75,000→ 75,000 totalExercise: $1.14Exp: 2018-02-04→ Common Stock (75,000 underlying)
Footnotes (2)
- [F1]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on August 9, 2006 and provides for vesting in four equal annual installments beginning on August 9, 2007.
- [F2]The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on February 4, 2008 and provides for vesting in four equal annual installments beginning on February 4, 2009.