SEC Form 4 · accession 0001447780-18-000009
PROFIRE ENERGY INC · PFIE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Harold Albert
Officer — Director · Director · 10% Owner
Period of report
Jul 3, 2018
Accepted (ET)
Jul 6, 2018 · 3:35 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 StockF1,F2 | Jul 3, 2018 | S | 5,000,000 | $3.25 | D | 5,000,000 | I | By 1831893 Alberta LTD. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In connection with the secondary offering of Paired Shares by certain selling shareholders pursuant to an underwriting agreement (the "Underwriting Agreement") dated June 29, 2018, and prospectus supplement, dated June 28, 2018 (the "Secondary Offering"), the Reporting Person, as a selling shareholder, sold Prifure Energy, Inc. Shares in the amounts shown in the above table. The Secondary Offering closed on July 3, 2018. This amount represents an aggregate price per Paired Share of $3.25.
- F2The reporting person is the sole member of a limited company that owns the reported shares.