Brenton W. Hatch - 03 Jan 2025 Form 4 Insider Report for PROFIRE ENERGY INC (PFIE)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Todd Fugal attorney-in-fact for Brenton W. Hatch
Issuer symbol
PFIE
Transactions as of
03 Jan 2025
Transactions value $
$-23,266,911
Form type
4
Filing time
03 Jan 2025, 16:39:39 UTC
Previous filing
04 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFIE Common Stock Disposition pursuant to a tender of shares in a change of control transaction $-20,924,178 -8,205,560 -100% $2.55 0 03 Jan 2025 By Hatch Family Holding Company, LLC F1
transaction PFIE Common Stock Disposition pursuant to a tender of shares in a change of control transaction $-2,342,733 -918,719 -100% $2.55 0 03 Jan 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Brenton W. Hatch is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 All shares were sold pursuant to a tender offer to purchase all of the Issuer's outstanding shares of Common Stock by Combustion Merger Sub, Inc. (the "Purchaser"), which was a wholly-owned subsidiary of CECO Environmental Corp. (the "Parent), pursuant to the Agreement and Plan of Merger dated as of October 28, 2024, among the Issuer, Parent and Purchaser.