HENNESSY ADVISORS INC — Director's Dealing 2013

Mar 28, 2013

SEC Form 4/A — Form 4/A

Issuer: HENNESSY ADVISORS INC (HNNA)
CIK: 0001145255
Period of Report: 2013-03-20

Reporting Person: SEAVEY THOMAS L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-19	Common Stock	M	400	$3.55	Acquired	25525	Direct
2013-03-19	Common Stock	S	400	$7.5	Disposed	25125	Direct
2013-03-22	Common Stock	M	768	$3.55	Acquired	25893	Direct
2013-03-22	Common Stock	S	768	$7.0547	Disposed	25125	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-19	Stock Option (right to acquire)	$3.55	M	400	Disposed	2013-08-06	Common Stock (400)	Direct
2013-03-22	Stock Option (right to acquire)	$3.55	M	768	Disposed	2013-08-06	Common Stock (768)	Direct

Footnotes

F1: The Form 4 filed on March 22, 2013 reported that the entire stock option was exercised. On March 19, 2013, the reporting person actually exercised 400 shares.

F2: The Form 4 filed on March 22, 2013 reported that the entire stock option was exercised. On March 22, 2013, the reporting person actually exercised 768 shares.

F3: The Form 4 filed on March 22, 2013 reported that 500 shares were sold in this transaction. The reporting person actually sold 768 shares in this transaction.

F4: The Form 4 filed on March 22, 2013 reported the sale price of $7.00 per share in this transaction. The sale price was actually $7.0547 per share in this transaction. This price is a weighted average price. The prices actually received ranged from $7.00 to $7.25. The reporting person has provided to the issuer, and will provide to any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range for all transactions reported in this Form 4 utilizing an average weighted price.