PANHANDLE OIL & GAS INC 4
4 · PANHANDLE OIL & GAS INC · Filed Dec 15, 2015
Insider Transaction Report
Form 4
COFFMAN MICHAEL C
DirectorChief Executive Officer
Transactions
- Disposition to Issuer
Panhandle Class A Common
2015-12-11$0.02/sh−14,703$246→ 309,090 total - Tax Payment
Panhandle Class A Common
2015-12-11$15.67/sh−3,918$61,395→ 305,172 total
Footnotes (3)
- [F1]Forfeiture of restricted stock award shares due to final determination that certain stock price performance criteria of the company were not achieved.
- [F2]Represents shares withheld to cover payroll tax liability on partial vesting of previously granted restricted shares.
- [F3]Total number of shares includes shares with vesting based on performance criteria. Total shares have been adjusted to reflect a forfeiture of some of the restricted shares due to final vesting determination that performance-based criteria have not been satisfied with respect to such restricted shares.