HENNESSY ADVISORS INC — Director's Dealing 2016

Jun 29, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: HENNESSY ADVISORS INC (HNNA)
CIK: 0001145255
Period of Report: 2016-06-27

Reporting Person: STEADMAN DANIEL B (Director, Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-06-27	Common Stock	S	6493	$33.6879	Disposed	41504	Direct
2016-06-28	Common Stock	S	790	$33.7167	Disposed	40714	Direct

Footnotes

F1: The reporting person sold the shares for diversification purposes.

F2: The price in Column 4 is a weighted average price. The prices actually received ranged from $33.56 to $34.00. 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.