SEC Form 4 · accession 0001209191-16-141210
PANHANDLE OIL & GAS INC · PHX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael C Coffman
Officer — Chief Executive Officer · Director
Period of report
Sep 9, 2016
Accepted (ET)
Sep 13, 2016 · 5:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000315131
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Panhandle Class A CommonF1,F2 | Sep 9, 2016 | S | 10,000 | $16.94 | D | 242,559 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Sale of Panhandle shares represents a diversification of assets in Panhandle Oil and Gas ESOP and 401(k) Plan, a tax qualified plan
- F2Total number of shares includes restricted shares with vesting based on performance criteria.