Form 4 for PARR PAR PACIFIC HOLDINGS, INC.
Accepted 2023-11-29 00:00:00 ET · period of report 2023-11-27 · accession 0001437749-23-033163 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-11-29 | 2023-11-27+ | PARR | PATE WILLIAM | CEO, Dir | M - OptEx | $21.44 | +150.0K | 558.0K | +37% | +$3.22M |
| DM | 2023-11-29 | 2023-11-27+ | PARR | PATE WILLIAM | CEO, Dir | S - Sale+OE | $34.88 | -150.0K | 483.0K | -24% | -$5.23M |
| DM | 2023-11-29 | 2023-11-27+ | PARR | PATE WILLIAM | CEO, Dir | M - OptEx | $0.00 | +150.0K | 0 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common stock | 2023-11-27 | M | A | 75,000 | $21.44 | 558,019 | D | — | — | |
| 2 | Common | Common stock | 2023-11-27 | S | D | 75,000 | $35.03 | 483,019 | D | — | — | (F1) The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $34.66 to $35.18, inclusive, via a cashless hold. The reporting person undertakes to provide to Par Pacific Holdings, Inc. or the staff of the Securities and Exhchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The proceeds from approximately 57,400 shares were withheld by the Company to pay costs associated with the exercise of the option and withholding taxes. |
| 3 | Common | Common stock | 2023-11-28 | S | D | 75,000 | $34.73 | 483,019 | D | — | — | (F2) The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $34.51 to $35.30, inclusive, via a cashless hold. The reporting person undertakes to provide to Par Pacific Holdings, Inc. or the staff of the Securities and Exhchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The proceeds from approximately 57,600 shares were withheld by the Company to pay costs associated with the exercise of the option and withholding taxes. |
| 4 | Common | Common stock | 2023-11-28 | M | A | 75,000 | $21.44 | 558,019 | D | — | — | |
| 5 | Derivative | Stock option (right to buy) | 2023-11-27 | M | A | 75,000 | $0.00 | 0 | D | $21.44 · — to 2024-10-11 | 75,000 Common stock | (F3) The option vests in five equal annual installments (each such installment, a "Tranche") beginning on October 12, 2016. The option terminates with respect to each Tranche immediately prior to the fifth anniversary of the vesting of such Tranche. |
| 6 | Derivative | Stock option (right to buy) | 2023-11-28 | M | A | 75,000 | $0.00 | 0 | D | $21.44 · — to 2024-10-11 | 75,000 Common stock | (F3) The option vests in five equal annual installments (each such installment, a "Tranche") beginning on October 12, 2016. The option terminates with respect to each Tranche immediately prior to the fifth anniversary of the vesting of such Tranche. |