Cameron M. Tidball - May 1, 2018 Form 4 Insider Report for PROFIRE ENERGY INC (PFIE)

Role
Co-CEO
Signature
Todd Fugal as attorney-in-fact for Cameron M. Tidball
Stock symbol
PFIE
Transactions as of
May 1, 2018
Transactions value $
-$49,190
Form type
4
Date filed
4/8/2022, 07:17 PM
Next filing
Jun 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFIE Common Stock Award $99K +76.7K +17.88% $1.29 506K Apr 6, 2022 Direct F1
transaction PFIE Common Stock Tax liability -$24.5K -6.67K -1.32% $3.67 499K May 1, 2018 Direct F2
transaction PFIE Common Stock Options Exercise $20.2K +20K +4% $1.01 519K Jun 5, 2018 Direct F3
transaction PFIE Common Stock Tax liability -$7.5K -7.42K -1.43% $1.01 512K Jun 5, 2018 Direct F2
transaction PFIE Common Stock Gift -$47K -10K -1.95% $4.70 502K Jun 11, 2018 Direct F4
transaction PFIE Common Stock Tax liability -$12.8K -2.67K -0.53% $4.81 499K Jun 16, 2018 Direct F2
transaction PFIE Common Stock Tax liability -$51.3K -10.7K -2.14% $4.81 489K Jun 16, 2018 Direct F2
transaction PFIE Common Stock Tax liability -$2.91K -1.6K -0.33% $1.82 487K Mar 6, 2019 Direct F2
transaction PFIE Common Stock Tax liability -$2.18K -1.7K -0.35% $1.28 485K Mar 6, 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PFIE Employee Stock Option (right to buy) Award -$20.2K -20K -50% $1.01 20K Jun 5, 2018 Common Stock 20K $1.01 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 6, 2022, the Compensation Committee of the Board of Directors approved a Restricted Stock Unit Award Agreement for the reporting person which which granted 76,744 restricted stock units, 25,281 of which vest on December 31, 2022, 25,581 of which vest on December 31, 2023, and 25,582 of which vest on December 31, 2024.
F2 Due to an administrative error the reporting person inadvertently failed to report shares that were withheld for payment of the tax liability for shares awarded pursuant to a Restricted Stock Unit Award. Section 16 forms filed after the late transaction incorrectly reported total ownership, and this Form 4 is being filed to both report the late transactions and correct total ownership as of April 6, 2022.
F3 Due to an administrative error the reporting person inadvertently failed to report the acquisition of these shares at the time of acquisition. Section 16 forms filed after the late transaction incorrectly reported total ownership, and this Form 4 is being filed to both report the late transactions and correct total ownership as of April 6, 2022.
F4 Due to an administrative error the reporting person inadvertently failed to report the disposition of these shares at the time of disposition. Section 16 forms filed after the late transaction incorrectly reported total ownership, and this Form 4 is being filed to both report the late transaction and correct total ownership as of April 6, 2022.
F5 The option became exercisable in 33.33% annual increments on each of the first three anniversaries of May 25, 2016