SEC Form 4 · accession 0001209191-18-062071
PANHANDLE OIL & GAS INC · PHX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lonnie Joe Lowry
Officer — VP-Secretary
Period of report
Dec 7, 2018
Accepted (ET)
Dec 11, 2018 · 6:15 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,F2 | Dec 7, 2018 | J | 1,969 | $15.88 | A | 29,727 | D | |
| Panhandle Class A CommonF3,F2 | Dec 10, 2018 | D | 3,440 | $0.0167 | D | 26,287 | D | |
| Panhandle Class A CommonF4,F2 | Dec 10, 2018 | F | 337 | $15.88 | D | 25,950 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Amount represents Panhandle's annual contribution to its 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.
- F3Forfeiture of restricted stock award shares due to final determination that certain stock price performance criteria of the company were not achieved.
- F4Represents shares withheld to cover payroll tax liability on partial vesting of previously granted restricted shares.