Walter Energy, Inc. 4

Accession 0001179110-09-014746

CIK 0000837173operating

View on SEC.gov Company Profile

Filed

Oct 25, 8:00 PM ET

Accepted

Oct 26, 6:08 PM ET

Size

26.5 KB

Accession

0001179110-09-014746

Insider Transaction Report

Form 4

Period: 2009-10-23

Walter Energy, Inc.WLT

DEARDEN MILES C III

Senior VP and Treasurer

Transactions

Exercise/Conversion
Common Stock
2009-10-23$25.24/sh+2,428$61,283→ 39,054.86 total
Sale
Common Stock
2009-10-23$64.77/sh−15,581$1,009,181→ 24,153.86 total
Exercise/Conversion
Common Stock
2009-10-23$21.02/sh+11,547$242,718→ 36,626.86 total
Exercise/Conversion
Common Stock
2009-10-23$47.97/sh+680$32,620→ 39,734.86 total
Sale
Common Stock
2009-10-26$62.00/sh−11,546$715,852→ 24,153.86 total
Exercise/Conversion
Non-qualified Stock Option
2009-10-23−11,547→ 11,546 total
Exercise: $21.02Exp: 2016-10-24→ Common Stock (11,547 underlying)
Exercise/Conversion
Non-qualified stock options
2009-10-23−680→ 1,360 total
Exercise: $47.97Exp: 2018-02-27→ Common Stock (680 underlying)
Exercise/Conversion
Common Stock
2009-10-23$30.77/sh+926$28,493→ 25,079.86 total
Exercise/Conversion
Common Stock
2009-10-26$21.02/sh+11,546$242,697→ 35,699.86 total
Exercise/Conversion
Non-qualified Stock Option
2009-10-23−926→ 0 total
Exercise: $30.77Exp: 2016-02-22→ Common Stock (926 underlying)
Exercise/Conversion
Non-qualified stock option
2009-10-23−2,428
Exercise: $25.24Exp: 2017-01-31→ Common Stock (2,428 underlying)
Exercise/Conversion
Non-qualifed stock option
2009-10-26−11,546→ 0 total
Exercise: $21.02Exp: 2016-10-24→ Common Stock (11,546 underlying)

Footnotes (8)

[F1]In connection with the spin-off of Mueller Water Products, Inc. on December 14, 2006 and under the anti-dilution provisions of the Company's 1995 and 2002 Long-Term Incentive Award Plans, these options were modified on December 15, 2006 to preserve the intrinsic value of the awards. The number of shares of the modified awards was determined by multiplying the number of outstanding shares underlying the equity awards by 1.9426 and by dividing the stock option exercise price by the same adjustment ratio. This adjustment ratio was obtained by dividing the closing price of the Company's Common Stock in the "regular way" market on December 14, 2006 ($49.05) by the "ex-dividend" opening price of the Company's Common Stock on the New York Stock Exchange on December 15, 2006 ($25.25).
[F2]Under the anti-dilution provisions of the Company's 2002 Long-Term Incentive Award Plan and in connection with the spin-off of Walter Investment Management Corp. on April 17, 2009, the number of non-qualified stock options held by the Reporting Person was adjusted to preserve the intrinsic value of the awards. The number of shares of the modified awards was determined by multiplying the number of outstanding shares underlying the equity awards by 1.11445 and by dividing the stock option exercise price by the same adjustment ratio.
[F3]Options vest in 3 equal annual installments beginning 2/22/07.
[F4]Options vest in 3 equal annual installments beginning 10/24/07.
[F5]Options vest in 3 equal annual installments beginning 1/31/08.
[F6]Options vest in 3 equal annual installments beginning 2/27/09.
[F7]Includes shares held by reporting person under Employee Stock Purchase Plan.
[F8]Under the anti-dilution provisions of the Company's 2002 Long-Term Incentive Award Plan and in connection with the spin-off of Walter Investment Management Corp. on April 17, 2009, the number of restricted stock units awarded to the Reporting Person was adjusted to preserve the intrinsic value of the awards. The adjustment was effected by multiplying the number of units by a factor of 1.11445.

Documents

1 file

4
edgar.xmlPrimary
FORM 4 -

Issuer

Walter Energy, Inc.

CIK 0000837173

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0000837173

Filing Metadata

Form type: 4
Filed: Oct 25, 8:00 PM ET
Accepted: Oct 26, 6:08 PM ET
Size: 26.5 KB

View on SEC.gov