Elliott Investment Management L.P. - Oct 15, 2021 Form 4 Insider Report for PEABODY ENERGY CORP (BTU)

Role: 10%+ Owner
Signature: /s/ Elliot Greenberg, Vice President, Elliott Investment Management L.P.
Stock symbol: BTU
Transactions as of: Oct 15, 2021
Transactions value $: -$15,061,200
Form type: 4
Date filed: 10/18/2021, 08:31 AM
Previous filing: Sep 17, 2021
Next filing: Nov 3, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BTU	Common Stock, par value $0.01 per share ("Common Stock")	Exercise of in-the-money or at-the-money derivative security	-$11.3M	-750K	-2.76%	$15.00	26.4M	Oct 15, 2021	See footnotes	F1, F2
transaction	BTU	Common Stock	Exercise of in-the-money or at-the-money derivative security	-$3.81M	-238K	-0.9%	$16.00	26.1M	Oct 15, 2021	See footnotes	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BTU	Call Options (obligation to sell)	Exercise of in-the-money or at-the-money derivative security	$0	-7.5K	-100%	$0.00^*	0	Oct 15, 2021	Common Stock	750K	$15.00	See footnotes	F1, F2
transaction	BTU	Call Options (obligation to sell)	Exercise of in-the-money or at-the-money derivative security	$0	-2.38K	-31.76%	$0.00	5.12K	Oct 15, 2021	Common Stock	238K	$16.00	See footnotes	F1, F2
transaction	BTU	Call Options (obligation to sell)	Expiration of short derivative position	$0	-5.12K	-100%	$0.00^*	0	Oct 15, 2021	Common Stock	512K	$16.00	See footnotes	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This Form 4 is being filed by Elliott Investment Management L.P., a Delaware limited partnership ("EIM" or the "Reporting Person"), the investment manager of Elliott Associates, L.P., a Delaware limited partnership ("Elliott") and Elliott International, L.P., a Cayman Islands limited partnership ("Elliott International" and together with Elliott, the "Elliott Funds"), with respect to securities held by the Elliott Funds and/or their respective subsidiaries.
F2	The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein.
F3	The Reporting Person has agreed to disgorge to the Issuer all statutory "profits" pursuant to Section 16(b) of the Securities Exchange Act of 1934, as amended, that resulted from the transaction reported herein.