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HENNESSY ADVISORS INC Director's Dealing 2007

Dec 7, 2007

34314_dirs_2007-12-07_9ced21c8-d71b-4c43-8a85-76b1df417f51.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HENNESSY ADVISORS INC (HNNA)
CIK: 0001145255
Period of Report: 2007-12-05

Reporting Person: LIBARLE DANIEL G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-05	Common Stock, no par value	A	1250	—	Acquired	22625	Direct

Footnotes

F1: Represents restricted stock granted pursuant to Hennessy's 2001 Omnibus Plan. Shares vest 25% per year beginning on the
first anniversary of the date of grant.

F2: Adjusted for a 3-for-2 stock split in the form of a dividend on March 7, 2007.