Daniel G. Libarle - Sep 18, 2023 Form 4 Insider Report for HENNESSY ADVISORS INC (HNNA)

Role: Advisory Committee Member
Signature: /s/ Teresa M. Nilsen, Attorney-in-Fact for Daniel G. Libarle
Stock symbol: HNNA
Transactions as of: Sep 18, 2023
Transactions value $: $0
Form type: 4
Date filed: 9/19/2023, 07:12 PM
Previous filing: Dec 27, 2022
Next filing: Dec 14, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HNNA	Common Stock	Award	$0	+2.8K	+2.72%	$0.00	106K	Sep 18, 2023	By Trust	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 2,800 shares of underlying stock units that will vest 25% per year beginning on September 18, 2024.
F2	On February 14, 2023, 82,121 shares previously held directly by the reporting person were transferred into the reporting person's trust in a transaction exempt from Section 16 reporting pursuant to Rule 16a-3. At the time of the transfer, the trust already held 8,404 shares but such shares were previously reported as directly owned due to an administrative error and are now being reported as indirectly owned; there was no transaction with respect to such shares. Of the remaining 15,175 shares, (a) 1,312.50 and 3,750 shares were issued upon vesting on August 30, 2023, and September 18, 2023, respectively, pursuant to previously reported award grants and (b) 10,112.50 shares are shares of underlying stock units that have not yet vested.

Content

Includes 2,800 shares of underlying stock units that will vest 25% per year beginning on September 18, 2024.

On February 14, 2023, 82,121 shares previously held directly by the reporting person were transferred into the reporting person's trust in a transaction exempt from Section 16 reporting pursuant to Rule 16a-3. At the time of the transfer, the trust already held 8,404 shares but such shares were previously reported as directly owned due to an administrative error and are now being reported as indirectly owned; there was no transaction with respect to such shares. Of the remaining 15,175 shares, (a) 1,312.50 and 3,750 shares were issued upon vesting on August 30, 2023, and September 18, 2023, respectively, pursuant to previously reported award grants and (b) 10,112.50 shares are shares of underlying stock units that have not yet vested.