Sec Form 4/A Filing - SEAVEY THOMAS L @ HENNESSY ADVISORS INC - 2013-03-20

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FORM 4/A
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SEAVEY THOMAS L
2. Issuer Name and Ticker or Trading Symbol
HENNESSY ADVISORS INC [ HNNA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
7250 REDWOOD BLVD., SUITE 200
3. Date of Earliest Transaction (MM/DD/YY)
03/20/2013
(Street)
NOVATO, CA94945
4. If Amendment, Date Original Filed (MM/DD/YY)
03/22/2013
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/19/2013 03/20/2013 M( 1 ) 400 ( 1 ) A $ 3.55 25,525 ( 1 ) D
Common Stock 03/19/2013 03/20/2013 S 400 D $ 7.5 25,125 D
Common Stock 03/22/2013 M( 2 ) 768 ( 2 ) A $ 3.55 25,893 ( 2 ) D
Common Stock 03/22/2013 S 768 ( 3 ) D $ 7.0547 ( 4 ) 25,125 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Foll owing Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to acquire) $ 3.55 03/19/2013 03/20/2013 M( 1 ) 400 ( 1 ) 08/06/2003 08/06/2013 Common Stock 400 $ 0 29,350 ( 1 ) D
Stock Option (right to acquire) $ 3.55 03/22/2013 M( 2 ) 768 ( 2 ) 08/06/2003 08/06/2013 Common Stock 768 $ 0 28,582 ( 2 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SEAVEY THOMAS L
7250 REDWOOD BLVD., SUITE 200
NOVATO, CA94945
X
Signatures
/s/ Peter D. Fetzer, Attorney-in-Fact for Thomas L. Seavey 03/22/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Form 4 filed on March 22, 2013 reported that the entire stock option was exercised. On March 19, 2013, the reporting person actually exercised 400 shares.
( 2 )The Form 4 filed on March 22, 2013 reported that the entire stock option was exercised. On March 22, 2013, the reporting person actually exercised 768 shares.
( 3 )The Form 4 filed on March 22, 2013 reported that 500 shares were sold in this transaction. The reporting person actually sold 768 shares in this transaction.
( 4 )The Form 4 filed on March 22, 2013 reported the sale price of $7.00 per share in this transaction. The sale price was actually $7.0547 per share in this transaction. This price is a weighted average price. The prices actually received ranged from $7.00 to $7.25. 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.

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 4(b)(v).
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