Sec Form 4/A Filing - Hatch Brenton W @ PROFIRE ENERGY INC - 2016-11-02

Insider filing report for Changes in Beneficial Ownership
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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
Hatch Brenton W
2. Issuer Name and Ticker or Trading Symbol
PROFIRE ENERGY INC [ PFIE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Executive Officer
(Last) (First) (Middle)
BAY 12, 55 ALBERTA AVE
3. Date of Earliest Transaction (MM/DD/YY)
11/02/2016
(Street)
SPRUCE GROVE, A0T7X 3A6
4. If Amendment, Date Original Filed (MM/DD/YY)
11/04/2016
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
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 Following 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
Employee Stock Option (right to buy) $ 1.17 11/02/2016 A 250,000 ( 1 ) 11/02/2017( 2 ) 11/02/2019 Common Stock 250,000 ( 1 ) $ 0 250,000 ( 1 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Hatch Brenton W
BAY 12
55 ALBERTA AVE
SPRUCE GROVE, A0T7X 3A6
X X Chief Executive Officer
Signatures
/s/ Todd Fugal attorney-in-fact for Brenton W. Hatch 12/05/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )As previously reported on a Form 4 filed on November 2, 2016 by the reporting person, the reporting person reported acquiring options to purchase 400,000 shares of common stock (the "Option") pursuant to the Company's 2014 Equity Incentive Plan (the "Plan"). However, the Company discovered that, due to an inadvertent error, the Option exceeded by 150,000 shares the Plan's 250,000 share limit on grants under the Plan to any eligible person in a calendar year. Accordingly, the attempted grant of more than 250,000 options was ineffective and was never granted to the reporting person. The reporting person is filing this amendment to report the correct amount of options acquired.
( 2 )The Option vests in two equal annual installments beginning on November 2, 2017.

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