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

Signature
/s/ Heath A. Lovell
Issuer symbol
HNRG
Transactions as of
31 Mar 2023
Net transactions value
+$297,039
Form type
4
Filing time
04 Apr 2023, 16:37:00 UTC
Previous filing
23 Mar 2023
Next filing
03 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNRG COMMON STOCK Options Exercise $532,753 +57,971 $9.19 57,971 31 Mar 2023 Direct F1, F2
transaction HNRG COMMON STOCK Tax liability $235,714 -25,649 -44% $9.19 32,322 31 Mar 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 -57,971 -33% 115,942 31 Mar 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.