SEC Form 4 · accession 0001140361-17-026833
HALLADOR ENERGY CO · HNRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Hardie
Director · 10% Owner
Period of report
Nov 25, 2015
Accepted (ET)
Jun 30, 2017 · 2:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000788965
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 25, 2015 | S | 86,755 | $6.74 | D | 0 | I | By Hallador Special Holdings, LLC |
| Common StockF2 | Mar 28, 2016 | W | 139,089 | $0.00 | A | 138,339 | D | |
| Common StockF3 | Apr 29, 2016 | J | 1,422,101 | $4.67 | D | 0 | I | By Hallador Alternative Assets Fund, LLC |
| Common StockF3 | Apr 29, 2016 | J | 1,422,101 | $4.67 | A | 1,422,101 | I | By NextG Partners, LLC |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1NextG Partners, LLC, ("NextG") an entity of which the reporting person owns 38% of the membership interests, sold its membership interests in Hallador Special Holdings, LLC back to Hallador Special Holdings, LLC on November 25, 2015; therefore, the reporting person no longer indirectly beneficially owned HNRG shares held by Hallador Special Holdings effective November 25, 2015.
- F2Since the reporting person's last Form 4 filing on April 4, 2014, 138,339 shares of HNRG's stock were distributed to the reporting person from the Robert Hardie QTIP Trust on March 28, 2016, prior to the dissolution of that Trust on March 31, 2016. The reporting person had been a 25% beneficiary of that Trust, and had claimed indirect beneficial ownership of the HNRG shares held by that Trust.
- F3he reporting person was a manager of Hallador Management, LLC, the manager of Hallador Alternative Assets Fund, LLC ("HAAF"). The reporting person was also a member of HAAF. The reporting person previously reported beneficial ownership of all shares held by HAAF. The shares indicated in this transaction represent the reporting person's pro-rata interest in HAAF. On April 29, 2016, HAAF transferred these shares to NextG. Following this transaction, the reporting person no longer indirectly beneficially owned these shares through HAAF, and instead indirectly beneficially owned these shares through NextG.