Heath A. Lovell - 01 Apr 2024 Form 4 Insider Report for HALLADOR ENERGY CO (HNRG)

Role: President-Hallador Power
Signature: /s/ Heath A. Lovell
Issuer symbol: HNRG
Transactions as of: 01 Apr 2024
Net transactions value: +$190,334
Form type: 4
Filing time: 03 Apr 2024, 19:42:58 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	$308,985	+57,971	+179%	$5.33	90,293	01 Apr 2024	Direct	F1
transaction	HNRG	COMMON STOCK	Tax liability	$118,651	-22,261	-25%	$5.33	68,032	01 Apr 2024	Direct	F2

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	-50%		57,971	01 Apr 2024	Common Stock			Direct	F3

* 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. 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	Represents vested shares of common stock withheld by the Issuer to satisfy applicable payroll tax withholding.
F3	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.