DOSTART THOMAS J 4

4 · MASSEY ENERGY CO · Filed Nov 19, 2003

Form 4

Period: 2003-11-18

VP, General Counsel & Sec.

Transactions

Award
Common Stock
2003-11-17$13.60/sh+3,008$40,894→ 13,436 total
Award
Stock Options
2003-11-17+9,236→ 9,236 total
Exercise: $13.60From: 2004-11-17Exp: 2013-11-17→ Common Stock (9,236 underlying)
Award
Stock Units (Phantom Stock)
2003-11-17+1,895→ 1,895 total
From: 2004-11-17Exp: 2007-11-17→ Common Stock (1,895 underlying)

Footnotes (6)

[F1]Acquired on 11/17/03 as restricted stock under the Massey Energy Company 1999 Executive Performance Incentive Plan in transaction exempt under Rule 16b-3. Restricted stock vests in 4 equal annual installments beginning 11/17/04.
[F2]Acquired on 11/17/03 under Massey Energy Company 1996 Executive Stock Plan in transaction exempt under Rule 16b-3. These stock options vest in 4 equal annual installments beginning 11/17/04. These stock options expire on 11/17/13.
[F3]Acquired on 11/17/03 as restricted units under Massey Energy Company 1999 Executive Performance Incentive Plan in transaction exempt under Rule 16b-3. Restricted units are payable under the 1999 Executive Performance Incentive Plan automatically in cash and therefore expire in 4 equal annual installments beginning 11/17/04. The last installment will be converted on 11/17/07.
[F4]Consideration for these options is in the form of labor performed for or services actually rendered to Massey Energy Company, having a fair value of not less than the present fair market value of a like number of options of the Common Stock of Massey Energy Company.
[F5]1 - for - 1
[F6]Consideration for these units is in the form of labor performed for or services actually rendered to Massey Energy Company, having a fair value of not less than the present fair market value of a like number of units of the Common Stock of Massey Energy Company.

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