Foundation Coal Holdings, Inc. 4
4 · Foundation Coal Holdings, Inc. · Filed Jul 3, 2006
Insider Transaction Report
Form 4
Bryja James J
Sr. VP, Operations
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2006-06-30−12,500→ 183,920 totalExercise: $8.53Exp: 2014-08-10→ Common Stock (12,500 underlying) - Exercise/Conversion
Common Stock
2006-06-30$8.53/sh+12,500$106,625→ 45,476 total - Sale
Common Stock
2006-06-30$45.00/sh−12,500$562,500→ 32,976 total
Footnotes (2)
- [F1]The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2006.
- [F2]The 239,446 shares of common stock originally subject to this option will vest on August 10, 2012. However, each calendar year through December 31, 2008, and upon the achievement of certain annual performance targets, the options are subject to partial accelerated vesting. The Compensation Committee approved the vesting of ten percent of the options effective December 31, 2004. Additionally, the Compensation Committee approved the vesting of 30 percent of the options effective December 31, 2005.