DANIEL B. STEADMAN - 11 Mar 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
Issuer symbol: HNNA
Transactions as of: 11 Mar 2022
Net transactions value: -$147,619
Form type: 4
Filing time: 14 Mar 2022, 14:35:25 UTC
Previous filing: 09 Dec 2021
Next filing: 01 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HNNA	Common Stock	Sale	$147,619	-15,010	-26%	$9.83	42,987	11 Mar 2022	Direct	F1
holding	HNNA	Common Stock						1,000	11 Mar 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.