PEABODY ENERGY CORP — Director's Dealing 2011

Jan 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PEABODY ENERGY CORP (BTU)
CIK: 0001064728
Period of Report: 2011-01-03

Reporting Person: KARN ROBERT B III (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-03	Common Stock	A	3410	$0.00	Acquired	10078	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13090	Indirect
Common Stock	840	Indirect

Footnotes

F1: Represent deferred stock units that vest prorata over 12 months, and are converted into common stock at a later date based upon the reporting person's election.

F2: Includes 2,178 shares previously owned directly which were contributed to the reporting person's trust and are now owned indirectly by the reporting person.