SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
Knibb Christopher K

(Last) (First) (Middle)
C/O PATRIOT COAL CORPORATION
12312 OLIVE BOULEVARD, SUITE 400

(Street)
ST. LOUIS MO 63141

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/18/2011
3. Issuer Name and Ticker or Trading Symbol
Patriot Coal CORP [ PCX ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP-Controller & CAO
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock(1)(2) 32,462(1)(2) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units(3) (3) (3) Common Stock 10,670 $0.00 D
Non-Qualified Stock Options(4) (4) (4) Common Stock 10,028 $18.75 D
Explanation of Responses:
1. Includes 28,465 shares of Restricted Stock received by the reporting person under the Patriot Coal Corporation 2007 Long-Term Incentive Plan (the "LTIP") with the following grant and vesting dates: 11/1/07 - 2,883 shares currently outstanding (4,268 shares vested on 11/1/10, of which 1,385 shares were sold to satisfy tax obligations). 3/12/08 - 1,406 shares currently outstanding (1,092 shares vested on 3/12/09 and 1,092 shares vested on 3/12/10, of which a total of 778 shares were sold to satisfy tax obligations). 1/30/09 - 13,014 shares currently outstanding, all of which will vest on 1/2/12. 1/4/10 - 5,581 shares currently outstanding (2,120 shares vested on 1/4/11, of which 777 shares were sold to satisfy tax obligations, 2,119 shares will vest on 1/4/12, and 2,119 shares will vest on 1/4/13). 1/3/11 - 5,581 shares currently outstanding (1,861 shares will vest on 1/3/12, 1,860 shares will vest on 1/3/13 and 1,860 shares will vest on 1/3/14).
2. Also includes 3,997 shares acquired under the Patriot Coal Corporation Employee Stock Purchase Plan, 2,519 shares of which are no longer restricted.
3. On November 1, 2007 the reporting person received an award of restricted stock units (the "RSUs") under the LTIP. 4,268 RSUs will vest over time, and will be 50% vested on the fifth anniversary of the grant date, 75% vested on the sixth anniversary and 100% vested on the seventh anniversary, or earlier if the reporting person terminates employment with the Company because of death or disability, or if a change in control occurs; and 6,402 RSUs will vest based upon the Company's financial performance, and will vest according to a formula described in the award agreement, the results of which are calculated as of December 31 following the fifth, sixth and seventh anniversaries of the grant date. All unvested RSUs will be forfeited if the reporting person terminates employment with the Company for any reason other than death or disability (except for performance-based RSUs, which will be forfeited in the event of any termination of employment).
4. On November 1, 2007 the reporting person received an award of non-qualified stock options under the LTIP. The stock options will be 50% exercisable on the fifth anniversary date of the grant, 75% exercisable on the sixth anniversary and 100% exercisable on the seventh anniversary, or earlier if the reporting person terminates employment with Patriot because of death or disability, or if a change in control occurs. Any part of the stock options that are not exercisable will be terminated if a grantee terminates employment with Patriot for any reason other than death or disability prior to the time such stock options have become vested and exercisable. No stock options can be exercised more than ten years after the date of grant, but the ability to exercise the stock options may terminate sooner upon the occurrence of certain events.
Remarks:
/s/ Jeffrey R. Tucker, Attorney-In-Fact for Christopher K. Knibb 10/27/2011
** 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 5 (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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.