William Monteleone - Feb 18, 2022 Form 4 Insider Report for PAR PACIFIC HOLDINGS, INC. (PARR)

Signature
/s/ William Monteleone
Stock symbol
PARR
Transactions as of
Feb 18, 2022
Transactions value $
$231,464
Form type
4
Date filed
3/8/2022, 06:03 PM
Next filing
Feb 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PARR Common stock Award $166K +11.1K +4.24% $14.91 274K Feb 18, 2022 Direct F1
transaction PARR Common stock Tax liability -$16.9K -1.14K -0.41% $14.91 272K Feb 19, 2022 Direct F2
transaction PARR Common stock Tax liability -$8K -540 -0.2% $14.81 272K Feb 21, 2022 Direct F3
transaction PARR Common stock Tax liability -$6.7K -495 -0.18% $13.54 271K Feb 26, 2022 Direct F4
transaction PARR Common stock Award $137K +10.1K +3.73% $13.54 281K Feb 26, 2022 Direct F5
transaction PARR Common stock Tax liability -$33.4K -2.47K -0.88% $13.54 279K Feb 26, 2022 Direct F6
transaction PARR Common stock Tax liability -$6.62K -487 -0.17% $13.60 279K Feb 27, 2022 Direct F7

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 PARR Common stock (right to buy) Award $0 +66.8K $0.00 66.8K Feb 18, 2022 Common stock 66.8K $14.91 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of shares of restricted stock received by the reporting person. One fourth of the shares will vest on each of the first, second, third and fourth anniversaries of the grant date.
F2 Represents shares of common stock withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares of common stock.
F3 Represents shares of common stock withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares of common stock.
F4 Represents shares of common stock withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares of common stock.
F5 Each performance-based restricted stock unit ("RSU") represents the right to receive, upon vesting, up to 120% of one share of Par Pacific Holdings, Inc. ("Par Pacific") common stock. The resulting number of shares of Par Pacific common stock acquired upon vesting of the performance-based RSU iscontingent upon the achievement of pre-established performance metrics, as approved by Par Pacific's Compensation Committee, over a three-year performance period beginning on the grant date and ending on the third anniversary of the grant date. Upon conversion, the reporting person received 10,126 shares of Par Pacific common stock.
F6 Represents shares of common stock withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of RSUs and resulting conversion into common stock.
F7 Represents shares of common stock withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares of common stock.
F8 One fourth of the shares will vest on each of the first, second, third and fourth anniversaries of the grant date.