X0303 4 2011-02-03 0 0000788965 HALLADOR ENERGY CO HNRG 0001424577 Bilsland Brent K 1183 EAST CANVASBACK DRIVE TERRE HAUTE IN 47802 1 1 0 0 President Common Stock 2011-02-03 4 G 0 1200 10.8 D 426162 D common stock 2011-02-03 4 G 0 1200 10.8 A 1200 I H.T.Bilsland, son common stock 2011-02-03 4 G 0 1200 10.8 D 424962 D common stock 2011-02-03 4 G 0 1200 10.8 A 1200 I O.S. Bilsland, son common stock 2010-02-03 4 G 0 1200 10.8 D 423762 D common stock 2011-02-03 4 G 0 1200 10.8 A 1200 I A.C. Bilsland common stock 2011-02-03 4 G 0 21344 10.8 D 402418 D common stock 2011-02-03 4 G 0 21344 10.8 A 412177 I Alexa C. Bilsland Rev Liv Trust common stock 2011-02-03 4 G 0 1200 10.8 D 410977 I H.Bisland, Son common stock 2011-02-03 4 G 0 1200 10.8 A 2400 I H.T. Bilsland common stock 2011-02-03 4 G 0 1200 10.8 A 2400 I O.S. Bilsland common stock 2011-02-03 4 G 0 1200 10.8 A 2400 I A.C. Bilsland, son common stock 2011-02-03 4 G 0 1200 10.8 D 409777 I O.S. Bilsland, son common stock 2011-02-03 4 G 0 1200 10.8 D 408577 I A.C. Bilsland, son Reporting person gifted shares to child, H. Bilsland. Reporting person is custodian of such shares, but disclaims any beneficial ownership to such shares. Reporting person gifted shares to son, O.S. Bilsland. Reporting person is custodian of such shares, but disclaims any beneficial ownership to such shares Reporting person gifted shares to child, A.C.Bilsland. Reporting person is custodian of such shares, but disclaims any beneficial ownership to such shares These shares were gifted to the Alexa C. Bilsland Revocable Living Trust. The reporting person disclaims any beneficial ownership of all securities held by the Alexa C. Bilsland Trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. These shares are owned by the Alexa C. Bilsland Revocable Living Trust. The reporting person disclaims any beneficial ownership of all securities held by the Alexa C. Bilsland Trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. These shares are owned in a custodian account for H.T. Bilsland. The reporting person is custodian of such account and disclaims any beneficial ownership of all securities owned by H.T. Bilsland. This report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. These shares are owned in a custodian account for O.S. Bilsland. The reporting person is custodian of such account and disclaims any beneficial ownership of all securities owned by O.S.Bilsland. This report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. These shares are owned in a custodian account for A.C. Bilsland. The reporting person is custodian of such account and disclaims any beneficial ownership of all securities owned by A.C. Bilsland. This report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. These shares were gifted from the Alexa C. Bilsland Revocable Living Trust. The reporting person disclaims any beneficial ownership of all securities held by the Alexa C. Bilsland Trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. Victor P. Stabio, by POA for Brent K. Bilsland 2011-02-07