Brenton W. Hatch - 02 Mar 2022 Form 4 Insider Report for PROFIRE ENERGY INC (PFIE)

Signature
/s/ Todd Fugal, attorney-in-fact for Brenton W. Hatch
Issuer symbol
PFIE
Transactions as of
02 Mar 2022
Transactions value $
$52,301
Form type
4
Filing time
04 Mar 2022, 18:17:10
Previous filing
08 Apr 2022
Next filing
03 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFIE Common Stock Award $82K +66.3K +8.12% $1.24 883K 02 Mar 2022 Direct F1, F2
transaction PFIE Common Stock Tax liability -$29.7K -23.2K -2.63% $1.28 860K 04 Mar 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares of Common Stock represent the amount awarded pursuant to the Issuer's 2021 Executive Annual Incentive Plan previously filed with the SEC.
F2 The price per share reflects the weighted average share price for the five days prior to the grant of the award. This calculation is in accordance with the executive's 2021 Annual Incentive Plan as previously filed with the SEC.
F3 These shares were withheld for payment of the tax liability for the shares awarded pursuant to the previously reported 2021 AIP.