Filing Details

Accession Number:
0001567619-22-013400
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-27 16:35:42
Reporting Period:
2022-06-23
Accepted Time:
2022-06-27 16:35:42
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
821483 Par Pacific Holdings Inc. PARR Crude Petroleum & Natural Gas (1311) 841060803
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1250731 Chai Trust Co Llc Two North Riverside Plaza
Suite 600
Chicago IL 60606
No No Yes No
1469407 Zell Credit Opportunities Master Fund, L.p. 2 North Riverside Plaza
Suite 600
Chicago IL 60606
No No Yes No
1526696 Egi Investors, L.l.c. 2 North Riverside Plaza
Suite 600
Chicago IL 60606
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2022-06-23 48,887 $15.58 2,678,464 No 4 S Indirect See footnote
Common Stock Disposition 2022-06-23 1,113 $16.30 2,677,351 No 4 S Indirect See footnote
Common Stock Disposition 2022-06-24 50,000 $15.76 2,627,351 No 4 S Indirect See footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 S Indirect See footnote
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 3,348,430 Indirect See footnote
Footnotes
  1. These shares of Common Stock were sold on behalf of the Zell Credit Opportunities Master Fund, L.P. (the "Master Fund"), through an affiliated fund, Zell Credit Opportunities Sub Fund, LLC ("Sub Fund"). The shares sold represent a portion of the pro rata interest of an outside investor in the Master Fund (the "Outside Investor") and are being sold in connection with the Master Fund reaching maturity and effecting an orderly liquidation and distribution of the proceeds of the sale to the Outside Investor. The Outside Investor's remaining interest represents 2,627,351 of the remaining shares of Common Stock held by the Master Fund (directly and indirectly through Sub Fund). The shares of Common Stock held by the Master Fund not attributable to the Outside Investor are not being sold, transferred or otherwise disposed of at this time.
  2. These shares of Common Stock are held directly by EGI Investors, L.L.C. ("EGI Investors"). The shares of Common Stock held by EGI Investors are not being sold, transferred or otherwise disposed of at this time.
  3. The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $15.19 to $16.18, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  4. The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $16.19 to $16.35, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  5. The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $15.42 to $16.00, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
  6. Chai Trust Company, LLC, an Illinois limited liability company, is the general partner of the Master Fund and the managing member of each of EGI Investors and Sub Fund, and in such capacities, may be deemed to indirectly beneficially own these shares of Common Stock.