SCHROEDER MARK N 4
4 · Patriot Coal CORP · Filed Jan 10, 2012
Insider Transaction Report
Form 4
SCHROEDER MARK N
SVP and CFO
Transactions
- Exercise/Conversion
Common Stock
2012-01-06+73,316→ 202,502 total - Exercise/Conversion
Restricted Stock Units
2012-01-06−36,658→ 0 total→ Common Stock (36,658 underlying)
Footnotes (2)
- [F1]On January 30, 2009, the reporting person received an award of performance-based restricted stock units (the "RSUs") under the Patriot Coal Corporation (the "Company") 2007 Long-Term Equity Incentive Plan, as amended. The grant of the RSUs was reflected in the reporting person's Section 16 report assuming the achievement of target total shareholder return ("TSR") relative to a peer group (as described in the award agreement) based on a performance period ending December 31, 2011. On January 6, 2012, the RSUs were settled in Company common stock based on the achievement of maximum TSR.
- [F2]Does not include RSUs with different terms and/or vesting dates.