0001652713-20-000006.txt : 20200311
0001652713-20-000006.hdr.sgml : 20200311
20200311181959
ACCESSION NUMBER: 0001652713-20-000006
CONFORMED SUBMISSION TYPE: 4/A
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200304
FILED AS OF DATE: 20200311
DATE AS OF CHANGE: 20200311
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Oviatt Ryan W
CENTRAL INDEX KEY: 0001652713
FILING VALUES:
FORM TYPE: 4/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36378
FILM NUMBER: 20706577
MAIL ADDRESS:
STREET 1: 321 SOUTH 1250 WEST SUITE 1
CITY: LINDON
STATE: UT
ZIP: 84042
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PROFIRE ENERGY INC
CENTRAL INDEX KEY: 0001289636
STANDARD INDUSTRIAL CLASSIFICATION: OIL & GAS FILED MACHINERY & EQUIPMENT [3533]
IRS NUMBER: 200019425
STATE OF INCORPORATION: NV
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 321 SOUTH 1250 WEST, SUITE 1
CITY: LINDON
STATE: UT
ZIP: 84042
BUSINESS PHONE: 801-796-5127
MAIL ADDRESS:
STREET 1: 321 SOUTH 1250 WEST, SUITE 1
CITY: LINDON
STATE: UT
ZIP: 84042
FORMER COMPANY:
FORMER CONFORMED NAME: FLOORING ZONE INC
DATE OF NAME CHANGE: 20071115
FORMER COMPANY:
FORMER CONFORMED NAME: Flooring Zone Inc
DATE OF NAME CHANGE: 20040507
4/A
1
wf-form4a_158396518199083.xml
FORM 4/A
X0306
4/A
2020-03-04
2020-03-06
0
0001289636
PROFIRE ENERGY INC
PFIE
0001652713
Oviatt Ryan W
321 SOUTH 1250 WEST, SUITE 1
LINDON
UT
84042
0
1
0
0
Chief Financial Officer
Common Stock
2020-03-04
4
A
0
16689
0
A
165811
D
Common Stock
2020-03-04
4
F
0
5007
0
D
160804
D
Common Stock
2020-03-04
4
A
0
46487
1.20
A
207291
D
Common Stock
2020-03-04
4
F
0
13947
0
D
193344
D
The shares of Common Stock represent the amount awarded pursuant to the Issuer's 2017 Long Term Incentive Plan previously filed with the SEC.
These shares were withheld for payment of the tax liability for the shares awarded pursuant to the previously reported 2017 Long Term Incentive Plan.
The original Form 4, filed on March 6, 2020, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported the number of shares withheld to cover the taxes and fees related to shares issued pursuant to the 2019 AIP award. The original Form 4 reported that 167 shares were withheld when 5,007 shares were actually withheld. As a result of this administrative error, the number of shares beneficially owned by the reporting person following the corrected transaction reflects a reduction in the number of shares reported as beneficially owned by the reporting person by 4,840 shares.
The shares of Common Stock represent the amount awarded pursuant to the Issuer's 2019 Executive Annual Incentive Plan previously filed with the SEC.
The price per share reflects the weighted average share price for the five days prior to the grant of the award. This calculation is in accordance with the executive's Annual Incentive Plan as previously filed with the SEC.
These shares were withheld for payment of the tax liability for the shares awarded pursuant to the previously reported 2019 Annual Incentive Plan.
The original Form 4, filed on March 6, 2020, is being amended by this Form 4 amendment solely to correct an administrative error, which misreported the number of shares withheld to cover the taxes and fees related to shares issued pursuant to the 2019 AIP award. The original Form 4 reported that 465 shares were withheld when 13,947 shares were actually withheld. As a result of this administrative error, the number of shares beneficially owned by the reporting person following the corrected transaction reflects a reduction in the number of shares reported as beneficially owned by the reporting person by 13,482 shares.
/s/Todd Fugal, attorney-in-fact for Ryan Oviatt
2020-03-11