Brent K. Bilsland - 31 Mar 2023 Form 4 Insider Report for HALLADOR ENERGY CO (HNRG)

Signature
/s/ Brent K. Bilsland
Issuer symbol
HNRG
Transactions as of
31 Mar 2023
Net transactions value
+$460,842
Form type
4
Filing time
04 Apr 2023, 17:42:12 UTC
Previous filing
03 Jan 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 $819,555 +89,179 +11% $9.19 937,847 31 Mar 2023 Direct F1
transaction HNRG COMMON STOCK Tax liability $358,713 -39,033 -4.2% $9.19 898,814 31 Mar 2023 Direct F3
holding HNRG Common Stock 366,397 31 Mar 2023 By Alexa Bilsland Revocable Trust F4

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 -89,179 -33% 178,358 31 Mar 2023 Common Stock Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units that vested on March 31, 2023. Each Restricted Stock Unit represents one share of Hallador Common Stock, par value $.01. Vested shares will be delivered to the reporting person pursuant to the terms of the Amended and Restated 2008 RSU Plan.
F2 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.
F3 Represents vested shares of common stock withheld by the Issuer to satisfy applicable payroll tax withholding.
F4 The reporting person's spouse, Alexa C. Bilsland, is trustee of the Alexa C. Bilsland Revocable Trust. The reporting person disclaims beneficial ownership in such shares.