Brent K. Bilsland - 01 Apr 2024 Form 4 Insider Report for HALLADOR ENERGY CO (HNRG)

Role: President and CEO, Director
Signature: /s/ Brent K. Bilsland
Issuer symbol: HNRG
Transactions as of: 01 Apr 2024
Net transactions value: +$267,369
Form type: 4
Filing time: 03 Apr 2024, 18:09:31 UTC
Previous filing: 04 Apr 2023
Next filing: 06 Sep 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HNRG	COMMON STOCK	Options Exercise	$475,324	+89,179	+9.9%	$5.33	987,993	01 Apr 2024	Direct	F1
transaction	HNRG	COMMON STOCK	Tax liability	$207,955	-39,016	-3.9%	$5.33	948,977	01 Apr 2024	Direct	F3
holding	HNRG	Common Stock						366,397	01 Apr 2024	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	-50%		89,179	01 Apr 2024	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 vested Restricted Stock Units. 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.