SEC Form 4 · accession 0001424577-17-000001
HALLADOR ENERGY CO · HNRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brent K Bilsland
Officer — PRESIDENT AND CEO · Director
Period of report
Dec 15, 2017
Accepted (ET)
Dec 19, 2017 · 8:57 pm EST
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 | Dec 15, 2017 | M | 100,000 | $5.93 | A | 759,767 | D | |
| COMMON STOCKF2 | Dec 15, 2017 | F | 46,430 | $5.93 | D | 713,337 | D | |
| COMMON STOCK | holding | — | — | — | 385,177 | I | Owned by Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF3,F1 | — | Dec 15, 2017 | M | 100,000 | D | Dec 15, 2017 | Dec 15, 2017 | Common Stock | 100,000 | 275,000 | D |
Explanation of responses
- F1Represents Restricted Stock Units that vested on December 15, 2017. Each restricted stock unit represents one share of Hallador Common Stock.
- F2Represents vested shares of common stock withheld by the Issuer to satisfy applicable payroll tax withholding.
- F3Each restricted stock unit represents a contingent right to receive one share of Hallador Energy Company common stock. Vested shares will delivered to the reporting person pursuant to terms of the Amended and Restated 2008 RSU Plan.