Knibb Christopher K 4
4 · Patriot Coal CORP · Filed Jan 5, 2012
Insider Transaction Report
Form 4
Knibb Christopher K
VP-Controller & CAO
Transactions
- Tax Payment
Common Stock
2012-01-03$9.13/sh−604$5,515→ 68,162 total - Award
Common Stock
2012-01-03+13,691→ 41,384 total - Award
Common Stock
2012-01-03+27,382→ 68,766 total
Footnotes (3)
- [F1]The reporting person has received an award of restricted stock under the Patriot Coal Corporation (the "Company") 2007 Long-Term Equity Incentive Plan, as amended (the "Plan"). The restricted stock will ratably vest in annual installments over a period of three years following the grant date, i.e., 33.33% of the award will be vested on the first anniversary of the grant date, 66.66% of the award will be vested on the second anniversary and 100% of the award will be vested on the third anniversary. The restricted stock will become fully vested if the reporting person terminates employment with the Company because of death or disability or if a change in control occurs.
- [F2]The reporting person has received an award of restricted stock under the Plan. The restricted stock will vest on January 3, 2015. The restricted stock will become fully vested if the reporting person terminates employment with the Company because of death or disability or if a change in control occurs.
- [F3]On January 3, 2012, the reporting person relinquished 604 shares of common stock to the Company to satisfy tax withholding obligations upon the vesting of a restricted stock award.