HALLADOR ENERGY COMPANY

Ticker: HNRG CUSIP: 40609P105 Class: Common Stock

CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM's Holding History (CIK: 0001081019)

Note: Option positions (PUT/CALL) are excluded.

Q4 2015
Shares 20,159 Value ($000) $92 Avg Close $6.24 Range $4.44 - $7.94
Q3 2015
Shares 19,787 Value ($000) $138 Avg Close $7.41 Range $6.00 - $8.71
Q2 2015
Shares 19,887 Value ($000) $166 Avg Close $10.10 Range $7.58 - $12.23
Q1 2015
Shares 19,185 Value ($000) $224 Avg Close $11.63 Range $10.25 - $12.94
Q4 2014
Shares 19,185 Value ($000) $211 Avg Close $11.20 Range $9.04 - $12.23
Q3 2014
Shares 19,103 Value ($000) $226 Avg Close $12.82 Range $9.50 - $14.35
Q2 2014
Shares 18,894 Value ($000) $179 Avg Close $9.01 Range $8.41 - $9.96
Q1 2014
Shares 15,694 Value ($000) $134 Avg Close $8.20 Range $7.47 - $8.99
Q4 2013
Shares 15,694 Value ($000) $126 Avg Close $7.44 Range $6.58 - $8.55
Q3 2013
Shares 15,694 Value ($000) $115 Avg Close $7.62 Range $6.75 - $8.46
Q2 2013
Shares 15,138 Value ($000) $122 Avg Close $7.40 Range $6.38 - $8.49
Q1 2013
Shares 11,306 Value ($000) $78 Avg Close $7.78 Range $6.84 - $8.62