David C. Hardie - Jun 15, 2022 Form 4 Insider Report for HALLADOR ENERGY CO (HNRG)

Role
Director
Signature
/s/ David C. Hardie
Stock symbol
HNRG
Transactions as of
Jun 15, 2022
Transactions value $
$1,750,006
Form type
4
Date filed
6/17/2022, 06:40 PM
Next filing
Aug 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNRG Common Stock Conversion of derivative security $1.75M +338K +20.25% $5.17 2.01M Jun 15, 2022 By Hallador Alternative Assets Fund LLC F1, F2
* 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 These shares were issued upon conversion of two convertible promissory notes to Hallador Alternative Assets Fund LLC; one for $1,000,000 dated May 2, 2022 as reported on Form 8-K dated May 6, 2022, and the other $750,000 dated May 20, 2022 reported on Form 10-Q on May 23 2022.