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*
Owings David Williams

(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)
Controller
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2008
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 02/06/2008 M 346 A $20.105 6,064 D
Common Stock 02/06/2008 M 500 A $5.21 6,564 D
Common Stock 02/06/2008 M 1,200 A $13.595 7,765 D
Common Stock 02/06/2008 M 1,250 A $24.73 9,014 D
Common Stock 02/06/2008 S 100 D $39.61 8,914 D
Common Stock 02/06/2008 S 200 D $39.6 8,714 D
Common Stock 02/06/2008 S 596 D $39.58 8,118 D
Common Stock 02/06/2008 S 1,700 D $39.57 6,418 D
Common Stock 02/06/2008 S 600 D $39.54 5,818 D
Common Stock 02/06/2008 S 100 D $39.52 5,718 D
Common Stock 60.8244 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) $20.105 02/06/2008 M 346 (2) 10/29/2011 Common Stock 346 (3) 0 D
Employee Stock Option (right to buy) $5.21 02/06/2008 M 500 (4) 10/21/2012 Common Stock 500 (3) 931 D
Employee Stock Option (right to buy) $13.595 02/06/2008 M 1,200 (5) 11/17/2013 Common Stock 1,200 (3) 1,109 D
Employee Stock Option (right to buy) $24.73 02/06/2008 M 1,250 (6) 11/12/2016 Common Stock 1,250 (3) 2,500 D
Explanation of Responses:
1. As of January 31, 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 60.8244 shares of Massey common stock plus a cash component of $93.87.
2. The grant of stock options to which this cashless exercise of stock options is a part was made on 10/29/2001. One fourth of these options vested and became exercisable on 10/29/2002, one fourth vested and became exercisable on 10/29/2003, one fourth vested and became exercisable on 10/29/2004, and the remaining fourth vested and became exercisable on 10/29/2005.
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 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 fourth of these options vested and became exercisable on 10/21/2003, one fourth vested and became exercisable on 10/21/2004, one fourth vested and became exercisable on 10/21/2005, and the remaining fourth vested and became exercisable on 10/21/2006.
5. The grant of stock options to which this cashless exercise of stock options is a part was made on 11/17/2003. One fourth of these options vested and became exercisable on 11/17/2004, one fourth vested and became exercisable on 11/17/2005, one fourth vested and became exercisable on 11/17/2006, and the remaining fourth vested and became exercisable on 11/17/2007.
6. The grant of stock options to which this cashless exercise of stock options is a part was made on 11/12/2006. One third of these options vested and became exercisable on 11/12/2007, one third vests and becomes exercisable on 11/12/2008, and the remaining third vests and becomes exercisable on 11/12/2009.
Remarks:
Richard R. Grinnan, attorney-in-fact 02/07/2008
** 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).
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