Charles R. Wesley IV - Jun 8, 2022 Form 4 Insider Report for HALLADOR ENERGY CO (HNRG)

Role
Director
Signature
/s/ Charles R. Wesley IV
Stock symbol
HNRG
Transactions as of
Jun 8, 2022
Transactions value $
$500,001
Form type
4
Date filed
6/10/2022, 03:09 PM
Next filing
Mar 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNRG Common Stock Conversion of derivative security $500K +108K +118.55% $4.62 199K Jun 8, 2022 See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on the 30-trading day trailing VWAP ending on and including the day of conversion.
F2 The issuance of shares is the result of the conversion of a promissory note issued on May 2, 2022 as report on Form 8-K on May 6, 2022. Mr. Wesley, as trustee of the Charles R. Wesley IV Revocable Trust, may be deemed to have voting and dispositive power as to the shares held by the trust.
F3 108,202 shares owned by the Charles R. Wesley IV Revocable Trust. The balance of the shares are owned by Mr. Wesley directly.