SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Clemens Mark Allen

(Last) (First) (Middle)
C/O MASSEY ENERGY COMPANY
4 NORTH 4TH STREET

(Street)
RICHMOND VA 23219

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MASSEY ENERGY CO [ MEE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP - Group Operations
3. Date of Earliest Transaction (Month/Day/Year)
12/06/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/06/2007 S(1) 2,297 D $35 8,335 D
Common Stock 12/06/2007 M 1,731 A $20.105 10,066 D
Common Stock 12/06/2007 S 1,731 D $35 8,335 D
Common Stock 12/06/2007 M 3,463 A $5.21 11,798 D
Common Stock 12/06/2007 S 3,463 D $35 8,335 D
Common Stock 12/06/2007 M 3,464 A $13.595 11,799 D
Common Stock 12/06/2007 S 3,464 D $35 8,335 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $20.105 12/06/2007 M 1,731 (2) 10/29/2011 Common Stock 1,731 (3) 0 D
Employee Stock Option (right to buy) $5.21 12/06/2007 M 3,463 (4) 10/21/2012 Common Stock 3,463 (3) 0 D
Employee Stock Option (right to buy) $13.595 12/06/2007 M 3,464 (5) 11/17/2013 Common Stock 3,464 (3) 1,731 D
Explanation of Responses:
1. The sale of these shares was completed in accordance with a sales plan under Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended.
2. The grant of stock options to which this cashless exercise of stock options is a part was made on 10/29/2001. One quarter of these options vested and became exercisable beginning on 10/29/2002, one quarter vested and became exercisable on 10/29/2003, one quarter vested and became exercicable on 10/29/2004 and the remaining quarter vested on 10/29/2005. These stock options were exercised in accordance with a sales plan under Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended.
3. Consideration for these options is the form of labor performed for or services actually rendered to Massey Energy Company, having a fair value of not less than the present fair market value of a like number of options of the Common Stock of Massey Energy Company
4. The grant of stock options to which this cashless exercise of stock options is a part was made on 10/21/2002. One quarter of these options vested and became exercisable beginning on 10/29/2003, one quarter vested and became exercisable on 10/29/2004, one quarter vested and became exercicable on 10/29/2005 and the remaining quarter vested on 10/29/2006. These stock options were exercised in accordance with a sales plan under Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended.
5. The grant of stock options to which this cashless exercise of stock options is a part was made on 11/17/2003. One quarter of these options vested and became exercisable beginning on 11/17/2004, one quarter vested and became exercisable on 11/17/2005, one quarter vested and became exercicable on 11/17/2006 and the remaining quarter vested on 11/17/2007. These stock options were exercised in accordance with a sales plan under Rule 10b5-1 of the Securities and Exchange Act of 1934, as amended.
Remarks:
Richard R. Grinnan, attorney-in-fact 12/07/2007
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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