4//SEC Filing
WILLIAMS LARRY E 4
Accession 0001179110-09-015098
CIK 0000837173other
Filed
Nov 4, 7:00 PM ET
Accepted
Nov 5, 5:41 PM ET
Size
21.5 KB
Accession
0001179110-09-015098
Insider Transaction Report
Form 4
WILLIAMS LARRY E
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2009-11-03$21.02/sh+23,093$485,415→ 73,245.43 total - Exercise/Conversion
Common Stock
2009-11-03$47.97/sh+1,051$50,416→ 78,302.43 total - Exercise/Conversion
Non-qualified stock option
2009-11-03−23,093→ 0 totalExercise: $21.02Exp: 2016-10-24→ Common Stock (23,093 underlying) - Exercise/Conversion
Non-qualified stock option
2009-11-03−4,006→ 2,003 totalExercise: $25.24Exp: 2017-01-31→ Common Stock (4,006 underlying) - Exercise/Conversion
Common Stock
2009-11-03$25.24/sh+4,006$101,111→ 77,251.43 total - Exercise/Conversion
Common Stock
2009-11-03$30.77/sh+4,513$138,865→ 50,152.43 total - Sale
Common Stock
2009-11-03$62.25/sh−32,663$2,033,272→ 45,639.43 total - Exercise/Conversion
Non-qualified stock option
2009-11-03−4,513→ 0 totalExercise: $30.77Exp: 2016-02-22→ Common Stock (4,513 underlying) - Exercise/Conversion
Non-qualified stock option
2009-11-03−1,051→ 2,101 totalExercise: $47.97Exp: 2018-02-27→ Common Stock (1,051 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 2002 Long-Term Incentive Award Plan, 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 held by 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
Issuer
Walter Energy, Inc.
CIK 0000837173
Entity typeother
Related Parties
1- filerCIK 0001215694
Filing Metadata
- Form type
- 4
- Filed
- Nov 4, 7:00 PM ET
- Accepted
- Nov 5, 5:41 PM ET
- Size
- 21.5 KB