Snodgrass William R 4
4 · NATIONAL COAL CORP · Filed Jan 12, 2010
Insider Transaction Report
Form 4
Snodgrass William R
Sr. VP Bus. Dev. & COO
Transactions
- Award
Stock Option (Right to Buy)
2010-01-08+100,000→ 100,000 totalExercise: $1.04Exp: 2020-01-08→ Common Stock (100,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-01-08−50,000→ 0 totalExercise: $5.86Exp: 2015-06-07→ Common Stock (50,000 underlying) - Award
Stock Option (Right to Buy)
2010-01-08+50,000→ 50,000 totalExercise: $1.14Exp: 2015-06-07→ Common Stock (50,000 underlying)
Footnotes (3)
- [F1]Vests in four equal annual installments beginning on January 8, 2011.
- [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 June 7, 2005 and provided for vesting in four equal annual installments beginning on January 1, 2006.
- [F3]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 September 1, 2007 and provided for vesting in two equal annual installments beginning on September 1, 2007.