Daren Shaw - Jan 3, 2025 Form 4 Insider Report for PROFIRE ENERGY INC (PFIE)

Role
Director
Signature
/s/Todd Fugal, attorney-in-fact for Daren J. Shaw
Stock symbol
PFIE
Transactions as of
Jan 3, 2025
Transactions value $
-$1,646,163
Form type
4
Date filed
1/3/2025, 04:43 PM
Previous filing
Nov 19, 2024
Next filing
Jan 17, 2025

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 -$1.65M -646K -100% $2.55 0 Jan 3, 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Daren Shaw 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.