Filing Details
- Accession Number:
- 0001209191-11-048632
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-09-21 15:08:22
- Reporting Period:
- 2011-09-19
- Filing Date:
- 2011-09-21
- Accepted Time:
- 2011-09-21 15:08:22
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1376812 | Patriot Coal Corp | PCX | Bituminous Coal & Lignite Mining (1220) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1329533 | K Bennett Hatfield | C/O Patriot Coal Corporation, 12312 Olive Boulevard, Suite 400 St. Louis MO 63141 | Evp & Coo | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2011-09-19 | 48,077 | $0.00 | 48,077 | No | 4 | A | Direct | |
Common Stock | Acquisiton | 2011-09-20 | 30,000 | $12.01 | 78,077 | No | 4 | P | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | P | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Non-Qualified Stock Options | Acquisiton | 2011-09-19 | 96,154 | $0.00 | 96,154 | $12.48 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
96,154 | No | 4 | A | Direct |
Footnotes
- The reporting person has received an award of restricted stock under the Patriot Coal Corporation (the "Company") 2007 Long-Term Equity Incentive Plan (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 of the grant date and 100% of the award will be vested on the third anniversary of the grant date. 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. In the event that the reporting person's employment is terminated without cause or by the reporting person for good reason, the restricted stock will vest with respect to the percentage of shares of common stock of the Company that would have otherwise vested on the next vesting date.
- This transaction was executed in multiple trades at prices ranging from $11.95 to $12.08. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- The reporting person has received an award of non-qualified stock options under the Plan. The stock options 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 of the grant date. The non-qualified stock options 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. In the event that the reporting person's employment is terminated without cause or by the reporting person for good reason the non-qualified stock options will vest with respect to the percentage of shares of common stock of the Company that would have otherwise vested on the next vesting date. No stock options can be exercised more than ten years after the grant date.