Filing Details

Accession Number:
0001567619-22-014202
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-07-19 21:14:39
Reporting Period:
2022-03-22
Accepted Time:
2022-07-19 21:14:39
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1822928 Holley Inc. HLLY Motor Vehicle Parts & Accessories (3714) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1871961 Owen Basham C/O Sentinel Capital Partners, Llc
One Vanderbilt Avenue, 53Rd Floor
New York NY 10017
Yes 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 2022-03-22 2,000,000 $13.00 54,673,884 No 4 S Indirect See footnote
Common Stock Disposition 2022-04-25 8,000,000 $11.43 54,673,884 No 4 S Indirect See footnote
Common Stock Disposition 2022-07-16 17,000 $0.00 9,320 No 4 J Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnote
No 4 S Indirect See footnote
No 4 J Direct
Footnotes
  1. On March 22, 2022, Holley Parent Holdings, LLC sold 2,000,000 shares of common stock, par value $0.0001 per share ("Common Stock") of Holley Inc. (the "Issuer") in a transaction registered pursuant to the Issuer's Registration Statement on Form S-1 (Registration No. 333-258075).
  2. The amount of securities beneficially owned by the reporting person as reported on its Form 4 filed on May 13, 2022, reflected the March 22, 2022 and April 25, 2022 dispositions reported in this Form 4; accordingly, the amount of securities beneficially owned by the reporting person on this Form 4 has not been further adjusted.
  3. These securities are held by Holley Parent Holdings, LLC. The reporting person may be deemed to beneficially own shares held directly by Holley Parent Holdings, LLC by virtue of his relationship with Holley Parent Holdings, LLC. The reporting person disclaims beneficial ownership of the shares held by Holley Parent Holdings, LLC other than to the extent of his pecuniary interest therein.
  4. The shares were sold by Holley Parent Holdings, LLC pursuant to an underwritten public offering, which closed on April 25, 2022.
  5. The selling price of such shares was $11.43, which represents the price to the public less the underwriting discounts and commissions.
  6. Each share of Common Stock underlying the restricted stock units that vested on July 16, 2022 pursuant to the Issuer's 2021 Omnibus Incentive Plan was transferred to Sentinel Capital Partners, L.L.C. ("Sentinel") pursuant to a side letter between the reporting person and Sentinel.