Roling Daniel A 4
4 · NATIONAL COAL CORP · Filed Dec 17, 2010
Insider Transaction Report
Form 4
Roling Daniel A
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2010-01-08−125,000→ 0 totalExercise: $4.56Exp: 2016-08-09→ Common Stock (125,000 underlying) - Disposition to Issuer
Common Stock
2010-12-15$1.00/sh−178,437$178,437→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2010-01-08−18,750→ 0 totalExercise: $4.56Exp: 2018-02-04→ Common Stock (18,750 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2009-08-11−30,759→ 0 totalExercise: $3.88From: 2010-08-11Exp: 2019-08-11→ Common Stock (30,759 underlying)
Footnotes (4)
- [F1]Disposed of in connection with the merger of National Coal Corp. with and into Ranger Coal Holdings, LLC, effective December 15, 2010 (the "Merger") pursuant to the Agreement and Plan of Merger dated September 27, 2010, as subsequently amended on December 10, 2010, among National Coal Corp., Ranger Energy Investments, LLC and Ranger Coal Holdings, LLC. In connection with the Merger, the shares listed were exchanged for the right to receive $1.00 per share in cash.
- [F2]This option was to vest in four equal annual installments beginning on August 9, 2007.
- [F3]This option was cancelled in the Merger for no consideration.
- [F4]This option was to vest in four equal annual installments beginning on February 4, 2009.