4//SEC Filing
Scott Kenneth Z 4
Accession 0001181431-10-062531
CIK 0001089575other
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 4:59 PM ET
Size
16.6 KB
Accession
0001181431-10-062531
Insider Transaction Report
Form 4
Scott Kenneth Z
Director
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2010-01-08−2,500→ 0 totalExercise: $4.56Exp: 2018-06-26→ Common Stock (2,500 underlying) - Disposition to Issuer
Stock Option (Right to Buy)
2009-08-11−6,152→ 0 totalExercise: $3.88From: 2010-08-11Exp: 2019-08-11→ Common Stock (6,152 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) - 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)
2010-01-08−18,750→ 0 totalExercise: $4.56Exp: 2015-04-01→ Common Stock (18,750 underlying) - Disposition to Issuer
Common Stock
2010-12-15$1.00/sh−9,375$9,375→ 0 total
Footnotes (7)
- [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 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.
- [F4]This option vested in four equal annual installments beginning on January 1, 2006.
- [F5]This option was cancelled in the Merger for no consideration.
- [F6]This option provided for vesting in full on June 26, 2009.
- [F7]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.
Documents
Issuer
NATIONAL COAL CORP
CIK 0001089575
Entity typeother
Related Parties
1- filerCIK 0001312347
Filing Metadata
- Form type
- 4
- Filed
- Dec 16, 7:00 PM ET
- Accepted
- Dec 17, 4:59 PM ET
- Size
- 16.6 KB