SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Fisher Patrick David

(Last)

(First)

(Middle)

321 SOUTH 1250 WEST

(Street)

LINDON

84042

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
04/30/2019

3. Issuer Name and Ticker or Trading Symbol
PROFIRE ENERGY INC [ PFIE ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP of Product Development

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	92,146⁽¹⁾	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	05/25/2019	05/25/2020	Common Stock	13,333⁽²⁾	$1.01	D

Explanation of Responses:

1. Consists of 26,287 shares of common stock and shares issuable under restricted stock units ("RSUs"). The RSU's consist of (1) one award of 7,500 RSUs that began vesting in 20% annual increments on each of the first five anniversaries of March 6, 2018; (2) an award of 12,000 RSU's that vest in 25% annual increments on each of the first four anniversaries of March 14, 2018; and (3) an award of 8,287 RSU's of which 2,762 shares will vest on December 31, 2019, 2,762 shares will vest on December 31, 2020, and 2,763 shares will vest on December 31, 2021. Each RSU represents the right to receive one share of common stock upon vesting.

2. The option became exercisable in 33.33% annual increments on each of the first three anniversaries of May 25, 2016. 6,666 shares are currently exercisable and the remaining 6,667 shares will become exercisable on May 25, 2019.

Remarks:

Exhibit List Exhibit 24- Power of Attorney

	Todd Fugal as attorney-in-fact for Patrick D. Fisher	05/01/2019
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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