Filing Details

Accession Number:
0000899243-23-010219
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-04-03 16:18:13
Reporting Period:
2023-03-30
Accepted Time:
2023-04-03 16:18:13
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1915657 Hf Sinclair Corp DINO () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1915451 Orme Carol Holding C/O Reh Company
550 East South Temple
Salt Lake City UT 84102
No No Yes No
1915467 Reh Co 550 East South Temple
Salt Lake City UT 84102
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 2023-03-30 4,000,000 $47.59 34,853,483 No 4 S Indirect By REH Company
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By REH Company
Footnotes
  1. These shares were sold by REH Company (f/k/a The Sinclair Companies) ("REH") through Barclays Capital, Inc. in a private transaction in accordance with Rule 144 under the Securities Act of 1933, as amended.
  2. These shares are owned directly by REH and not Mrs. Holding. REH is the primary and direct beneficial owner of the shares indicated above, and the board of directors of REH has all voting and investment power with respect to such shares (subject to the terms of the escrow described below). Among these shares, 2,570,000 shares are currently held in escrow for the purpose of securing REH's obligations under Section 6.22 of the Business Combination Agreement dated August 2, 2021 (as amended), by and among HF Sinclair Corporation, REH and the other parties thereto. During the term of the escrow, REH has voting power but lacks investment power over the escrowed shares until any such shares are released from the escrow.
  3. (Continued from Footnote 2) As a result of her relationship with REH, Mrs. Holding may be deemed to beneficially own the 34,853,483 shares under applicable securities law and SEC guidance. Mrs. Holding, however, does not intend ever to own such shares directly for investment purposes in the future and expressly disclaims such beneficial ownership, and all pecuniary interest except to the extent of her economic interest in REH, to the maximum extent permitted by law.