Brenton W. Hatch - Mar 2, 2022 Form 4 Insider Report for PROFIRE ENERGY INC (PFIE)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Todd Fugal, attorney-in-fact for Brenton W. Hatch
Stock symbol
PFIE
Transactions as of
Mar 2, 2022
Transactions value $
$52,301
Form type
4
Date filed
3/4/2022, 06:17 PM
Previous filing
Apr 8, 2022

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 Mar 2, 2022 Direct F1, F2
transaction PFIE Common Stock Tax liability -$29.7K -23.2K -2.63% $1.28 860K Mar 4, 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.