4/A//SEC Filing
Fugal Jay Grant 4/A
Accession 0001734627-20-000006
CIK 0001289636other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 6:31 PM ET
Size
9.8 KB
Accession
0001734627-20-000006
Insider Transaction Report
Form 4/AAmended
Fugal Jay Grant
VP of Operations
Transactions
- Award
Common Stock
2020-03-04$1.20/sh+21,251$25,501→ 46,843 total - Tax Payment
Common Stock
2020-03-04−5,876→ 40,967 total - Tax Payment
Common Stock
2020-03-04−211→ 40,756 total
Footnotes (6)
- [F1]The shares of Common Stock represent the amount awarded pursuant to the Issuer's 2019 Executive Annual Incentive Plan previously filed with the SEC.
- [F2]The price per share reflects the weighted average share price for the five days prior to the grant of the award. This calculation is in accordance with the executive's Annual Incentive Plan as previously filed with the SEC.
- [F3]These shares were withheld for payment of the tax liability for the shares awarded pursuant to the previously reported 2019 AIP.
- [F4]The original Form 4, filed on March 6, 2020, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported the number of shares withheld to cover the taxes and fees related to shares issued pursuant to the 2019 AIP award. The original Form 4 reported that 2,242 shares were withheld when 5,876 shares were actually withheld. As a result of this administrative error, the number of shares beneficially owned by the reporting person following the corrected transaction reflects a reduction in the number of shares reported as beneficially owned by the reporting person by 3,634 shares.
- [F5]Shares vested pursuant to a previously reported restricted stock award and these shares were withheld for payment of the tax liability.
- [F6]The original Form 4, filed on March 6, 2020, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported the number of shares withheld to cover the taxes and fees related to shares issued pursuant to the 2019 AIP award. The original Form 4 reported that 211 shares were withheld when 553 shares were actually withheld. As a result of this administrative error, the number of shares beneficially owned by the reporting person following the corrected transaction reflects a reduction in the number of shares reported as beneficially owned by the reporting person by 342 shares.
Documents
Issuer
PROFIRE ENERGY INC
CIK 0001289636
Entity typeother
Related Parties
1- filerCIK 0001734627
Filing Metadata
- Form type
- 4/A
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 6:31 PM ET
- Size
- 9.8 KB