HENNESSY ADVISORS INC — Director's Dealing 2013

Mar 22, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

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	29750	$3.55	Acquired	54875	Direct
2013-03-19	Common Stock	S	400	$7.5	Disposed	54475	Direct
2013-03-22	Common Stock	S	500	$7.00	Disposed	53975	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	29750	Disposed	2013-08-06	Common Stock (29750)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to acquire)	$7.11	2014-11-03	Common Stock (25313)	25313	Direct