SEC Form 4 · accession 0000899243-16-027157
PEABODY ENERGY CORP · BTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan A Galli
Officer — Group Exec Markting & Trading
Period of report
Aug 11, 2016
Accepted (ET)
Aug 15, 2016 · 5:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001064728
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 11, 2016 | J | 7,847 | $0.00 | D | 2,521 | D | |
| Common StockF2 | Aug 11, 2016 | J | 1,454 | $0.00 | D | 1,742 | D | |
| Common StockF3 | holding | — | — | — | 5,113 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 13, 2016, the Issuer filed voluntarily petitions under Chapter 11 of Title 11 of the U.S. Code (the "Bankruptcy Code") in the U.S. Bankruptcy Court for the Eastern District of Missouri. Section 503(c) of the Bankruptcy Code places limitations on payments made to insiders; as such, the Reporting Person's prepetition restricted stock awards are prohibited from vesting while the Issuer is in bankruptcy and the Issuer has therefore cancelled such awards.
- F2Reflects 674 shares that were previously held indirectly through a trust and are now held directly by the Reporting Person. Also reflects one additional share issued by the Issuer to the Reporting Person on December 11, 2015 in connection with the implementation of the Issuer's 1-for-15 reverse stock split which occurred on October 1, 2015.
- F3The amount of shares held indirectly by the Reporting Person no longer include 30 shares held through the Issuer's 401(k) plan. As of March 2016, the Issuer no longer offered its stock as an investment option under the Issuer's 401(k) plan.