SEC Form 4 · accession 0000788965-17-000020
HALLADOR ENERGY CO · HNRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence D Martin
Officer — CFO
Period of report
Jun 6, 2017
Accepted (ET)
Jun 8, 2017 · 5:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000788965
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F3,F2 | — | Jun 6, 2017 | A | 150,000 | A | — | — | Common Stock | 150,000 | 210,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Hallador Energy Company common stock.
- F260,000 RSUs vest/lapse on December 16, 2017. The remaining 150,000 restricted stock units, shall vest in the amount of 37,500 restricted stock units on December 16th of each of 2018, 2019, 2020 and 2021 or otherwise in accordance with the terms of the RSU Plan and the applicable award agreement.
- F3The 150,000 restricted stock units, shall vest in the amount of 37,500 restricted stock units on December 16th of each of 2018, 2019, 2020 and 2021. Vested shares will delivered to the reporting person pursuant to terms of the Amended and Restated 2008 RSU Plan.