Heath A. Lovell - Mar 31, 2023 Form 4 Insider Report for HALLADOR ENERGY CO (HNRG)

Signature
/s/ Heath A. Lovell
Stock symbol
HNRG
Transactions as of
Mar 31, 2023
Transactions value $
$297,039
Form type
4
Date filed
4/4/2023, 04:37 PM
Previous filing
Mar 23, 2023
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNRG COMMON STOCK Options Exercise $533K +58K $9.19 58K Mar 31, 2023 Direct F1, F2
transaction HNRG COMMON STOCK Tax liability -$236K -25.6K -44.24% $9.19 32.3K Mar 31, 2023 Direct F2, F3

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 Unit Options Exercise -58K -33.33% 116K Mar 31, 2023 Common Stock Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired through the vesting of Restricted Stock Units on March 31, 2023. Each restricted stock unit represents one share of Hallador Energy common stock. Vested shares will be delivered to the reporting person pursuant to the terms of the Amended and Restated 2008 RSU Plan.
F2 The closing stock price on the day of vesting.
F3 Represents vested shares of common stock withheld by the Issuer to satisfy applicable payroll tax withholding.
F4 Each Restricted Stock Unit represents a contingent right to receive one share of Hallador Energy Common Stock. Vested shares will be delivered to the reporting person pursuant to the terms of the Amended and Restated 2008 RSU Plan.