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 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(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * CORRELL ALSTON D   2. Issuer Name and Ticker or Trading Symbol MIRANT CORP [MIR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 1155 PERIMETER CENTER WEST 3. Date of Earliest Transaction (Month/Day/Year) 12/03/2010 (Street) ATLANTA, GA 30338 4. If Amendment, Date 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 (City) (State) (Zip) 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 12/03/2010   D   17,373 D (1) 0 D

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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 Underlying Securities (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

Stock Option

$ 45.77

12/03/2010

D

1,821

(2)

05/15/2012

Common Stock

1,821

(2)

0

D

Stock Option

$ 24.37

12/03/2010

D

5,129

(3)

05/10/2016

Common Stock

5,129

(3)

0

D

Stock Option

$ 24.64

12/03/2010

D

5,073

(4)

01/13/2016

Common Stock

5,073

(4)

0

D

Warrant

$ 21.87

12/03/2010

D

325

(5)

01/13/2011

Common Stock

325

(5)

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
CORRELL ALSTON D 1155 PERIMETER CENTER WEST ATLANTA, GA 30338	X

Signatures

/s/ David E. Howard, Attorney-in-Fact		12/07/2010
**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Disposed of pursuant to merger agreement between issuer, RRI Energy Holdings, Inc., and RRI Energy, Inc. ("RRI") in exchange for 49,252 shares of RRI common stock having a market value of $3.62 per share on the effective date of the merger plus cash consideration for a fractional share of RRI common stock.
(2)	Upon completion of the merger, this fully-vested option was converted into an option to purchase 5,162 shares of RRI common stock at $16.15 per share. The reporting person also received cash consideration for that portion of the option relating to a fractional share of RRI common stock.
(3)	Upon completion of the merger, this fully-vested option was converted into an option to purchase 14,540 shares of RRI common stock at $8.60 per share. The reporting person also received cash consideration for that portion of the option relating to a fractional share of RRI common stock.
(4)	Upon completion of the merger, this fully-vested option was converted into an option to purchase 14,381 shares of RRI common stock at $8.70 per share. The reporting person also received cash consideration for that portion of the option relating to a fractional share of RRI common stock.
(5)	Upon completion of the merger, this fully-vested warrant was converted into the same number of warrants with the same exercise price, with the reporting person receiving upon exercise 2.835 shares of RRI common stock for each warrant. The reporting person also received cash consideration for that portion of the warrant relating to a fractional share of RRI common stock.

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