Daniel B. Steadman - Mar 11, 2022 Form 4 Insider Report for HENNESSY ADVISORS INC (HNNA)

Role: Executive Vice President, Director
Signature: /s/ Peter D. Fetzer, Attorney-in-Fact for Daniel B. Steadman
Stock symbol: HNNA
Transactions as of: Mar 11, 2022
Transactions value $: -$147,619
Form type: 4
Date filed: 3/14/2022, 02:35 PM
Previous filing: Dec 9, 2021
Next filing: Sep 1, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HNNA	Common Stock	Sale	-$148K	-15K	-25.88%	$9.83	43K	Mar 11, 2022	Direct	F1
holding	HNNA	Common Stock						1K	Mar 11, 2022	By Child

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

Explanation of Responses:

Id	Content
F1	The price in Column 4 is a weighted average price. The prices actually received ranged from $9.7569 to $10.0001. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.

Content

The price in Column 4 is a weighted average price. The prices actually received ranged from $9.7569 to $10.0001. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.