Ryan W. Oviatt - Mar 6, 2023 Form 4 Insider Report for PROFIRE ENERGY INC (PFIE)

Role
Co-CEO, Director
Signature
/s/Todd Fugal, attorney-in-fact for Ryan Oviatt
Stock symbol
PFIE
Transactions as of
Mar 6, 2023
Transactions value $
$98,792
Form type
4
Date filed
3/8/2023, 06:33 PM
Previous filing
Jan 4, 2023
Next filing
Apr 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFIE Common Stock Award $175K +153K +41.47% $1.15 521K Mar 6, 2023 Direct F1, F2
transaction PFIE Common Stock Tax liability -$76.1K -65.6K -12.61% $1.16 455K Mar 6, 2023 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 2022 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 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 2022 AIP.