HALLADOR ENERGY CO — Director's Dealing 2013

Dec 21, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HALLADOR ENERGY CO (HNRG)
CIK: 0000788965
Period of Report: 2013-12-18

Reporting Person: HARDIE DAVID C (Director, Chairman of the Board, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-18	Common Stock	S	11955	$7.5607	Disposed	677504	Indirect
2013-12-19	Common Stock	S	7640	$7.6135	Disposed	669864	Indirect
2013-12-20	Common Stock	S	21188	$7.6564	Disposed	648676	Indirect
2013-12-18	Common Stock	S	7081	$7.5607	Disposed	195834	Indirect
2013-12-19	Common Stock	S	4527	$7.6135	Disposed	191307	Indirect
2013-12-20	Common Stock	S	12552	$7.6564	Disposed	178755	Indirect

Footnotes

F1: The Reporting Person is a 25% beneficiary of the Robert Hardie QTIP Trust, the holder of the securities and disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.

F2: Hallador Special Holdings, LLC is a wholly owned subsidiary of Hallador, Inc.

F3: Sold pursuant to Rule 10b5-1.