Wagner Les H. 4
4 · NATIONAL COAL CORP · Filed Jan 12, 2010
Insider Transaction Report
Form 4
Wagner Les H.
Acting Chief Financial Officer
Transactions
- Award
Stock Option (Right to Buy)
2010-01-08+10,000→ 10,000 totalExercise: $1.14Exp: 2018-07-10→ Common Stock (10,000 underlying) - Award
Stock Option (Right to Buy)
2010-01-08+40,000→ 40,000 totalExercise: $1.04Exp: 2020-01-08→ Common Stock (40,000 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2010-01-08−10,000→ 0 totalExercise: $6.33Exp: 2018-07-10→ Common Stock (10,000 underlying)
Footnotes (2)
- [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 July 10, 2008 and provides for vesting in four equal annual installments beginning on July 14, 2009.