Hallador Energy Co. Announces 2024 Annual Meeting of Shareholders on May 30

TL;DR

<b>Hallador Energy Company will hold its 2024 Annual Meeting of Shareholders on May 30, 2024, to elect directors, vote on executive compensation, and ratify the appointment of its auditor.</b>

AI Summary

HALLADOR ENERGY CO (HNRG) filed a Proxy Statement (DEF 14A) with the SEC on April 19, 2024. The 2024 Annual Meeting of Shareholders for Hallador Energy Company will be held on May 30, 2024, at 10:00 a.m. EDT. Shareholders will vote on the election of six directors for one-year terms. An advisory vote will be held on the compensation of Named Executive Officers. The appointment of Grant Thornton LLP as the independent registered public accounting firm for 2024 will be ratified. The record date for determining shareholders eligible to vote is April 10, 2024.

Why It Matters

For investors and stakeholders tracking HALLADOR ENERGY CO, this filing contains several important signals. This filing is a proxy statement, indicating key corporate governance decisions are being put to a shareholder vote. The meeting agenda includes standard corporate governance items like director elections and executive compensation, providing insight into management and oversight.

Risk Assessment

Risk Level: low — HALLADOR ENERGY CO shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting and does not contain significant new financial or operational information that would alter the company's risk profile.

Analyst Insight

Shareholders should review the proxy materials to make informed voting decisions on director elections and executive compensation.

Key Numbers

• 6 — Directors to be elected (To serve for a one-year term)
• May 30, 2024 — Annual Meeting Date (2024 Annual Meeting of Shareholders)
• 10:00 a.m. EDT — Annual Meeting Time (2024 Annual Meeting of Shareholders)
• April 10, 2024 — Record Date (For determining shareholders entitled to vote)

Key Players & Entities

• Hallador Energy Company (company) — Registrant
• May 30, 2024 (date) — Date of 2024 Annual Meeting of Shareholders
• Grant Thornton LLP (company) — Independent registered public accounting firm
• April 10, 2024 (date) — Record date for determining shareholders
• Ryan McManis (person) — Corporate Secretary

FAQ

Industry Context

Hallador Energy Company operates in the bituminous coal and lignite mining industry.

Regulatory Implications

This filing is a Schedule 14A (DEF 14A) under the Securities Exchange Act of 1934, governing proxy solicitations.

What Investors Should Do

1. Review the list of director nominees and their qualifications.
2. Understand the details of the Named Executive Officers' compensation package.
3. Confirm the ratification of Grant Thornton LLP as the independent auditor.

Key Dates

• 2024-05-30: 2024 Annual Meeting of Shareholders — Shareholders will vote on director elections, executive compensation, and auditor ratification.
• 2024-04-10: Record Date — Determines shareholders eligible to vote at the annual meeting.

Year-Over-Year Comparison

This is a definitive proxy statement (DEF 14A) for the 2024 annual meeting, providing details on upcoming shareholder votes.

Filing Documents

• hnrg20240417_def14a.htm (DEF 14A) — 635KB
• hnrg20240417_def14aimg001.jpg (GRAPHIC) — 10KB
• hnrg20240417_def14aimg002.jpg (GRAPHIC) — 6KB
• pc03.jpg (GRAPHIC) — 69KB
• pc04.jpg (GRAPHIC) — 58KB
• rmcmanissig.jpg (GRAPHIC) — 3KB
• 0001437749-24-012550.txt (&nbsp;) — 837KB

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 16 Summary Compensation Table 16 2022 Executive Officer Plan 16 2023 Payout Under the 2022 Executive Officer Plan 18 2024 Executive Officer Plan 19 Outstanding Equity Awards at December 31, 2023 19 Equity Compensation Plan Information 19 Potential Payments Upon Termination or Change in Control 20 Separation Agreement with Mr. Martin 21 Other Benefits 21 PAY VERSUS PERFORMANCE 21 Summary Table 22 Relationship Between Compensation Actually Paid and Performance Measures 23

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 24 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE 25 Review and Approval of Transactions with Related Persons 25 Promissory Notes 26 Director Independence 26 PROPOSAL NO. 3: RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM. 26 INDEPENDENT AUDITOR'S FEES AND SERVICES 26 Auditors 26 Principal Accountant Fees 26 Pre-Approval Policy 27 Audit Committee Report 27 OTHER INFORMATION 27 Proposals by Security Holders 27 Other Matters 27 Shareholder Proposals and Director Nominations for the 2025 Annual Meeting 28 Communications with the Board of Directors 29 Householding 29 Incorporation by Reference 29 Availability of SEC Filings, Code of Conduct and Committee Charters 29 Appendix Proxy Card A-1 Table of Contents HALLADOR ENERGY COMPANY PROXY STATEMENT FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD MAY 30, 2024 This Proxy Statement is furnished by the Board of Directors (the "Board") of Hallador Energy Company (the "Company", "Hallador", "we" or "us") to holders of our common stock in connection with the solicitation by the Board of proxies to be voted at the 2024 Annual Meeting of Shareholders (our "Meeting" or "2024 Annual Meeting"). GENERAL MEETING INFORMATION Date and Location of Meeting Our Meeting will be held on May 30, 2024, at 10:00 a.m. Eastern Daylight Time, at our offices at 1183 East Canvasback Drive, Terre Haute, Indiana 47802, or at such other time and place if the Meeting is postponed or adjourned. References in this Proxy Statement to the 2024 Annual Meeting also refer to any adjournments, postponements, or changes in time or location of the Meeting, to the extent applicable. Who can attend the Meeting? All of our shareholders as of the close of business on April 10, 2024, may attend the 2024 Annual Meeting. What do I need to do to attend

View Full Filing

View this DEF 14A filing on SEC EDGAR