FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SCHROEDER MARK N
2. Issuer Name and Ticker or Trading Symbol

Patriot Coal CORP [ PCX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
SVP and CFO
(Last)          (First)          (Middle)

12312 OLIVE BLVD., SUITE 400
3. Date of Earliest Transaction (MM/DD/YYYY)

8/9/2011
(Street)

ST. LOUIS, MO 63141
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   8/9/2011     M    23000   A $5.13   102533   (1) (2) D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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
Non-Qualified Stock Options   (3) $5.13   8/9/2011     M         23000      (3)   (3) Common Stock   23000   $ 0   50316   (3) (4) D    

Explanation of Responses:
( 1)  Includes 23,012 shares directly held through a trust in which the reporting person is the trustee. These shares were previously reported as indirectly held through a trust.
( 2)  Includes 1,291 shares acquired under the Company's Employee Stock Purchase Plan.
( 3)  On January 30, 2009, the reporting person received an award of 73,316 non-qualified stock options ("NQSOs") under the Patriot Coal Corporation 2007 Long-Term Equity Incentive Plan (the "Plan"). 24,436 NQSOs vested on 1/2/2010; 24,436 NQSOs vested on 1/2/2011; and 24,444 NQSOs will vest on 1/2/2012. The NQSOs granted on 1/30/2009 expire on 1/30/2019.
( 4)  Does not include non-qualified stock options with different terms.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SCHROEDER MARK N
12312 OLIVE BLVD.
SUITE 400
ST. LOUIS, MO 63141


SVP and CFO

Signatures
/s/ Rashda M. Buttar, Attorney-In Fact for Mark N. Schroeder 8/10/2011
** 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 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 control number.
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