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 |
|
1. Name and Address of Reporting Person*
(Street)
|
2. Date of Event Requiring Statement
(Month/Day/Year) 05/31/2009 |
3. Issuer Name and Ticker or Trading Symbol
MIRANT CORP [ MIR ] |
|||||||||||||
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
5. If Amendment, Date of Original Filed
(Month/Day/Year) |
||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
|
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 | 55,834(1) | 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 | ||||
Stock Options | (2) | 01/13/2016 | Common Stock | 7,891 | $24.64 | D | |
Stock Options | (2) | 02/17/2016 | Common Stock | 7,762 | $25.05 | D | |
Stock Options | (3) | 03/08/2012 | Common Stock | 10,567 | $37.71 | D | |
Stock Options | (4) | 03/07/2013 | Common Stock | 15,693 | $37.02 | D | |
Stock Options | (5) | 03/03/2019 | Common Stock | 28,592 | $10.4 | D | |
Warrants | (6) | 01/03/2011 | Common Stock | 212 | $21.87 | D |
Explanation of Responses: |
1. Includes 35,203 restricted stock units that are subject to time-based vesting. Includes 10,146 restricted stock units that vested 100% on June 30, 2008 and will be delivered to the reporting person on his termination date. Each restricted stock unit represents a contingent right to receive one share of Mirant Corporation common stock. |
2. The stock options are fully vested. |
3. Includes 7,045 stock options that are fully vested and 3,522 stock options which will vest on 3/08/10. |
4. Includes 5,231 stock options that are fully vested and 10,462 stock options which will vest 50% on 3/07/2010 and 50% on 3/07/2011. |
5. The stock options have a three year vesting period, 33 1/3% on 3/03/2010, 33 1/3% on 3/03/2011 and 33 1/3% on 3/03/2012. |
6. Each warrant entitles the reporting person to purchase one share of Mirant Corporation common stock at a price of $21.87 at anytime before the expiration date. |
Remarks: |
Exhibit List 24.1 - Power of Attorney dated May 27, 2009 |
/s/ David E. Howard, Attorney-in-Fact | 06/08/2009 | |
** 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. |