Hatch Brenton W 4
4 · PROFIRE ENERGY INC · Filed Apr 8, 2022
Insider Transaction Report
Form 4
Hatch Brenton W
DirectorChief Executive Officer10% Owner
Transactions
- Exercise/Conversion
Common Stock
2018-05-16$1.17/sh+125,000$146,250→ 984,560 total - Tax Payment
Common Stock
2018-05-16$1.17/sh−65,841$77,034→ 918,719 total - Exercise/Conversion
Employee Stock Option (right to buy)
2018-05-16$1.17/sh−125,000$146,250→ 275,000 totalExercise: $1.17Exp: 2019-11-02→ Common Stock (125,000 underlying)
Holdings
- 8,205,560(indirect: By LLC)
Common Stock
Footnotes (3)
- [F1]Due to an administrative error the reporting person inadvertently failed to report the acquisition of these shares at the time of acquisition. Section 16 forms filed after the late transaction incorrectly reported total ownership, and this Form 4 is being filed to both report the late transactions and correct total ownership as of April 6, 2022.
- [F2]These shares were withheld for payment of the tax liability for exercise of these options.
- [F3]The options vested in two equal annual installments beginning on November 2, 2017.