SEC Form 4 · accession 0001209191-17-000776
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
Dec 31, 2016
Accepted (ET)
Jan 4, 2017 · 3:44 pm EST
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 | Dec 31, 2016 | D | 5,991 | $0.0167 | D | 149,192 | D | |
| Panhandle Class A CommonF2,F3 | Dec 31, 2016 | F | 2,036 | $23.55 | D | 147,156 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Forfeiture of restricted stock award shares due to retirement before full time vesting requirements were met. Time vesting shares vested ratably from the award date to the retirement date.
- F2Represents shares withheld to cover payroll tax liability on partial vesting of previously granted restricted shares.
- F3Total number of shares includes restricted shares with vesting based on performance criteria.