Stephen Trussell - Jul 16, 2021 Form 4 Insider Report for Holley Inc. (HLLY)

Role: VP Finance
Signature: By: /s/ Dominic Bardos, Attorney-In-Fact for Stephen Trussell
Stock symbol: HLLY
Transactions as of: Jul 16, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/20/2021, 08:51 PM
Next filing: Sep 24, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HLLY	Stock Option (Right to Buy)	Award	$0	+64.1K		$0.00	64.1K	Jul 16, 2021	Common Stock	64.1K	$10.50	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents stock options granted pursuant to the Issuer's 2021 Omnibus Incentive Plan (the "Plan").
F2	The shares subject to the stock option vest and become exercisable under the following schedule, subject to the earlier filing of a Registration Statement on Form S-8 with the Securities and Exchange Commission: one-third of the shares subject to the stock option vest and become exercisable on each of July 16, 2022, July 16, 2023 and July 16, 2024, subject to the reporting person's continuous employment through such dates.

Content

Represents stock options granted pursuant to the Issuer's 2021 Omnibus Incentive Plan (the "Plan").

The shares subject to the stock option vest and become exercisable under the following schedule, subject to the earlier filing of a Registration Statement on Form S-8 with the Securities and Exchange Commission: one-third of the shares subject to the stock option vest and become exercisable on each of July 16, 2022, July 16, 2023 and July 16, 2024, subject to the reporting person's continuous employment through such dates.