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

Role
Director
Signature
/s/ David C. Hardie
Issuer symbol
HNRG
Transactions as of
15 Jun 2022
Net transactions value
+$1,750,006
Form type
4
Filing time
17 Jun 2022, 18:40:21 UTC
Next filing
10 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNRG Common Stock Conversion of derivative security $1,750,006 +338,427 +20% $5.17 2,009,892 15 Jun 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.