SEC Form 4 · accession 0001447626-18-000008
PROFIRE ENERGY INC · PFIE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brenton W Hatch
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
May 16, 2018
Accepted (ET)
May 17, 2018 · 4:31 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001289636
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 16, 2018 | M | 125,000 | $1.17 | A | 12,055,976 | D | |
| Common Stock | May 16, 2018 | F | 65,841 | $4.37 | D | 11,990,135 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $1.17 | May 16, 2018 | M | 125,000 | D | Nov 2, 2017 | Nov 2, 2019 | Common Stock | 125,000 | 125,000 | D |
Explanation of responses
- F1On November 2, 2017 the reporting person was granted an employee stock option for 250,000 shares of the Company. The options vest in two equal annual installments beginning on the grant date.