Filing Details

Accession Number:
0001179110-10-005021
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-03-11 12:00:00
Reporting Period:
2010-03-09
Filing Date:
2010-03-11
Accepted Time:
2010-03-11 16:57:32
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
837173 Walter Energy Inc. WLT Bituminous Coal & Lignite Mining (1220) 133429953
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1215703 P Victor Patrick 4211 W. Boy Scout Blvd.
Tampa FL 33607
Ceo,Cfo,Gen.counsel Yes 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 2010-03-09 5,934 $30.77 170,692 No 4 M Direct
Common Stock Acquisiton 2010-03-09 545 $25.24 171,237 No 4 M Direct
Common Stock Acquisiton 2010-03-09 6,182 $47.97 177,419 No 4 M Direct
Common Stock Acquisiton 2010-03-09 11,437 $15.83 188,856 No 4 M Direct
Common Stock Disposition 2010-03-09 24,098 $86.45 164,758 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-qualified stock option Disposition 2010-03-09 5,934 $0.00 5,934 $30.77
Common Stock Non-qualified stock option Disposition 2010-03-09 545 $0.00 545 $25.24
Common Stock Non-qualified stock option Disposition 2010-03-09 6,182 $0.00 6,182 $47.97
Common Stock Non-qualifed stock option Disposition 2010-03-09 11,437 $0.00 11,437 $15.83
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2016-02-22 No 4 M Direct
0 2017-01-31 No 4 M Direct
3,091 2018-02-27 No 4 M Direct
22,874 2019-02-27 No 4 M Direct
Footnotes
  1. Includes shares held by Reporting Person under Employee Stock Purchase Plan.
  2. Represents the weighted average purchase price for price increments ranging from $86.35 to $86.70. The Reporting Person will undertake to provide, upon request by the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
  3. In connection with the spin-off of Mueller Water Products, Inc. on December 14, 2006 and under the anti-dilution provisions of the Company's 2002 Long-Term Incentive Award Plan, these options were modified on December 15, 2006 to preserve the intrinsic value of the awards. The number of shares of the modified awards was determined by multiplying the number of outstanding shares underlying the equity awards by 1.9426 and by dividing the stock option exercise price by the same adjustment ratio. This adjustment ratio was obtained by dividing the closing price of the Company's Common Stock in the "regular way" market on December 14, 2006 ($49.05) by the "ex-dividend" opening price of the Company's Common Stock on the New York Stock Exchange on December 15, 2006 ($25.25).
  4. Under the anti-dilution provisions of the Company's 2002 Long-Term Incentive Award Plan and in connection with the spin-off of Walter Investment Management Corp. on April 17, 2009, the number of non-qualified stock options held by the Reporting Person was adjusted to preserve the intrinsic value of the awards. The number of shares of the modified awards was determined by multiplying the number of outstanding shares underlying the equity awards by 1.11445 and by dividing the stock option exercise price by the same adjustment ratio.
  5. Options vest in 3 equal annual installments beginning 2/22/07.
  6. Options vest in 3 equal annual installments beginning 1/31/08.
  7. Options vest in 3 equal annual installments beginning 2/27/09.
  8. Options vest in 3 equal annual installments beginning 2/27/10.