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*
Grinnan Richard Randolph

(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)
VP and Corporate Secretary
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2008
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 05/15/2008 M 3,464 A $38.995 10,181 D
Common Stock 05/15/2008 S 3,464 D $62 6,717 D
Common Stock 05/15/2008 M 255 A $40.975 6,972 D
Common Stock 05/15/2008 S 255 D $62 6,717 D
Common Stock 05/15/2008 G V 200 D $0 6,517 D
Common Stock 05/16/2008 M 900 A $40.975 7,417 D
Common Stock 05/16/2008 S 900 D $62.27 6,517 D
Common Stock 191.4955 I By 401(k) Plan(1)
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) $38.995 05/15/2008 M 3,464 (2) 11/14/2015 Common Stock 3,464 (3) 3,463 D
Employee Stock Option (right to buy) $40.975 05/15/2008 M 255 (4) 05/16/2016 Common Stock 255 (3) 2,054 D
Employee Stock Option (right to buy) $40.975 05/16/2008 M 900 (4) 05/16/2016 Common Stock 900 (3) 1,154 D
Explanation of Responses:
1. As of April 30, 2008, the value of the units acquired and held directly by the reporting person under the Massey Coal Salary Deferral and Profit Sharing Plan, as amended and restated effective October 1, 2001 (the "401(k)") equated to 191.4955 shares of Massey common stock plus a cash component of $417.54.
2. The grant of stock options to which this cashless exercise of stock options is made a part was made on 11/14/2005. One fourth of the options vested and became exercisable on 11/14/2006, one fourth of the options vested and became exercisable on 11/14/2007, one fourth of the options will vest and become exercisable on 11/14/2008 and the remaining quarter vests and becomes exercisable on 11/14/2009.
3. Consideration for these options is in the form of labor performed for or services actually rendered to Massey Energy Company, having a fair market value of not less than the present fair 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 made a part was made on 5/16/2006. One third of the options vested and became exercisable on 11/17/2007, one third will vest and become exercisable on 11/17/2008 and the remaining third vests and becomes exercisable on 11/17/2009.
Remarks:
Katherine J. Carpenter, attorney-in-fact 05/16/2008
** 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.
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.