4//SEC Filing
RICHMOND GEORGE R 4
Accession 0001179110-09-015099
CIK 0000837173other
Filed
Nov 4, 7:00 PM ET
Accepted
Nov 5, 5:51 PM ET
Size
21.5 KB
Accession
0001179110-09-015099
Insider Transaction Report
Form 4
RICHMOND GEORGE R
DirectorPresident and COO
Transactions
- Exercise/Conversion
Non-qualified stock option
2009-11-04−86,300→ 279,482 totalExercise: $29.37Exp: 2016-03-14→ Common Stock (86,300 underlying) - Exercise/Conversion
Common Stock
2009-11-03$29.37/sh+19,132$561,907→ 133,660.9 total - Exercise/Conversion
Non-qualified stock option
2009-11-03−19,132→ 365,782 totalExercise: $29.37Exp: 2016-03-14→ Common Stock (19,132 underlying) - Exercise/Conversion
Common Stock
2009-11-03$25.24/sh+14,568$367,696→ 148,228.9 total - Sale
Common Stock
2009-11-03$61.60/sh−20,000$1,232,000→ 94,528.9 total - Sale
Common Stock
2009-11-04$63.01/sh−86,300$5,437,936→ 94,528.9 total - Sale
Common Stock
2009-11-03$62.07/sh−33,700$2,091,776→ 114,528.9 total - Exercise/Conversion
Common Stock
2009-11-04$29.37/sh+86,300$2,534,631→ 180,828.9 total - Exercise/Conversion
Non-qualified stock option
2009-11-03−14,568→ 7,284 totalExercise: $25.24Exp: 2017-01-31→ Common Stock (14,568 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 3/14/07.
- [F4]Options vest in 3 equal annual installments beginning 1/31/08.
- [F5]Includes shares held by Reporting Person under Employee Stock Purchase Plan.
- [F6]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.
- [F7]Represents the weighted average purchase price for price increments ranging from 62.00 to 62.43. The Reporting Person will undertake to provide, upon request by the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F8]Represents the weighted average purchase price for price increments ranging from 62.48 to 63.45. The Reporting Person will undertake to provide, upon request by the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Documents
Issuer
Walter Energy, Inc.
CIK 0000837173
Entity typeother
Related Parties
1- filerCIK 0001215697
Filing Metadata
- Form type
- 4
- Filed
- Nov 4, 7:00 PM ET
- Accepted
- Nov 5, 5:51 PM ET
- Size
- 21.5 KB