4//SEC Filing
Solochek Marc R. 4
Accession 0001181431-10-062530
CIK 0001089575other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 4:58 PM ET
Size
14.5 KB
Accession
0001181431-10-062530
Insider Transaction Report
Form 4
Solochek Marc R.
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2009-08-11−2,563→ 0 totalExercise: $3.88From: 2010-08-11Exp: 2019-08-11→ Common Stock (2,563 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2009-03-02−18,750→ 0 totalExercise: $3.32Exp: 2019-03-02→ Common Stock (18,750 underlying) - Disposition to Issuer
Common Stock
2010-12-15$1.00/sh−1,875$1,875→ 0 total - Disposition to Issuer
Stock Option (Right to Buy)
2010-06-28$0.34/sh−7,500$2,550→ 0 totalExercise: $0.66Exp: 2020-06-28→ Common Stock (7,500 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2009-05-28−2,500→ 0 totalExercise: $7.12Exp: 2019-05-28→ Common Stock (2,500 underlying)
Footnotes (6)
- [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 100% on the earlier of (i) the date of the 2011 Annual Meeting of Shareholders of National Coal Corp. and (ii) June 28, 2011. The vesting of this option was accelerated in connection with the Merger.
- [F3]This option was to become exercisable in equal parts on each of March 2, 2010, March 2, 2011, March 2, 2012 and March 2, 2013.
- [F4]This option vested 100% on the earlier of (i) the date of the 2010 Annual Meeting of Shareholders of National Coal Corp. and (ii) May 28, 2010.
- [F5]This option was cancelled in the Merger in exchange for a cash payment of $2,550, representing the number of shares of common stock subject to such option multiplied by the amount by which $1.00 exceeds the exercise price of the option.
- [F6]This option was cancelled in the Merger for no consideration.
Documents
Issuer
NATIONAL COAL CORP
CIK 0001089575
Entity typeother
Related Parties
1- filerCIK 0001457643
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 4:58 PM ET
- Size
- 14.5 KB