R. Todd Davis - 01 Dec 2021 Form 5 Insider Report for HALLADOR ENERGY CO (HNRG)

Role: SVP & CAO
Signature: /s/ R. Todd Davis
Issuer symbol: HNRG
Transactions as of: 01 Dec 2021
Net transactions value: +$2,443
Form type: 5
Filing time: 02 Feb 2022, 18:33:11 UTC
Next filing: 02 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HNRG	Common Stock	Options Exercise	$4,340	+2,000	+178%	$2.17^*	3,126	01 Dec 2021	Direct	F1
transaction	HNRG	Common Stock	Tax liability	$1,897	-874	-28%	$2.17^*	2,252	01 Dec 2021	Direct	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	HNRG	Restricted Stock Units	Options Exercise		-2,000	-17%		10,000	01 Dec 2021	Common Stock, par value $.01	2,000		Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents Restricted Stock Units that vested on December 1, 2021. Each Restricted Stock Unit represents one share of Hallador Common Stock, par value $.01. Vested shares will be delivered to the reporting person pursuant to the terms of the Amended and Restated 2008 RSU Plan.
F2	Represents vested shares of common stock withheld by the Issuer to satisfy applicable payroll tax withholding.