PANHANDLE OIL & GAS INC 4
4 · PANHANDLE OIL & GAS INC · Filed Dec 29, 2016
Insider Transaction Report
Form 4
COFFMAN MICHAEL C
DirectorChief Executive Officer
Transactions
- Tax Payment
Panhandle Class A Common
2016-12-21$23.85/sh−7,754$184,933→ 155,183 total - Disposition to Issuer
Panhandle Class A Common
2016-12-21$0.02/sh−610$10→ 162,937 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 restricted 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.