Brent K. Bilsland - Mar 31, 2025 Form 4 Insider Report for HALLADOR ENERGY CO (HNRG)

Role
President and CEO, Director
Signature
/s/ Brent K. Bilsland
Stock symbol
HNRG
Transactions as of
Mar 31, 2025
Transactions value $
$1,734,255
Form type
4
Date filed
4/2/2025, 07:43 PM
Previous filing
Sep 6, 2024
SEC
View on sec.gov
This filing has been restated, see here for the amended filing

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNRG COMMON STOCK Options Exercise $2.39M +194K +20.47% $12.28 1.14M Mar 31, 2025 Direct F1
transaction HNRG COMMON STOCK Tax liability -$651K -53K -4.64% $12.28 1.09M Mar 31, 2025 Direct
holding HNRG COMMON STOCK 366K Mar 31, 2025 By Alexa Bilsland Revocable Trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HNRG Restricted Stock Unit Options Exercise -89.2K -100% 0 Mar 31, 2025 Common Stock 89.2K Direct F3
transaction HNRG RSU Options Exercise -105K -33.33% 210K Mar 31, 2025 Common Stock 105K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units that vested on March 31, 2023. Each Restricted Stock Unit represents one share of Hallador Common Stock, par value $.01. Vested shares will be delivered to the reporting person pursuant to the terms of the Amended and Restated 2008 RSU Plan.
F2 The reporting person's spouse, Alexa C. Bilsland, is trustee of the Alexa C. Bilsland Revocable Trust. The reporting person disclaims beneficial ownership in such shares.
F3 Each Restricted Stock Unit awarded on November 11, 2022, represents a contingent right to receive one share of Hallador Energy Common Stock. Vested shares will be delivered to the reporting person pursuant to the terms of the Amended and Restated 2008 RSU Plan.
F4 Each Restricted Stock Unit awarded on September 6, 2024, represents a contingent right to receive one share of Hallador Energy Common Stock. Vested shares will be delivered to the reporting person pursuant to the terms of the Amended and Restated 2008 RSU Plan.