HENNESSY ADVISORS INC — Director's Dealing 2016

Aug 19, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HENNESSY ADVISORS INC (HNNA)
CIK: 0001145255
Period of Report: 2016-08-16

Reporting Person: HENNESSY BRIAN A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-16	Common Stock	S	1260	$37.7310	Disposed	190281	Direct
2016-08-17	Common Stock	S	100	$37.25	Disposed	190181	Direct
2016-08-18	Common Stock	S	140	$37.25	Disposed	190041	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8437	Indirect

Footnotes

F1: The price in Column 4 is a weighted average price. The prices actually received ranged from $37.6301 to $37.76. 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 a weighted average price.