Key facts
- This page summarizes Holding Carol Orme's Form 4 filing for HF Sinclair Corp (DINO).
- 1 reported transaction and 0 derivative rows are listed below.
- Filing timestamp: 17 Aug 2022, 16:05.
Holding Carol Orme - 15 Aug 2022 Form 4 Insider Report for HF Sinclair Corp (DINO)
- Role
- 10%+ Owner
- Signature
- REH Company, By: Ross Matthews, Chief Operating Officer, /s/ Ross B. Matthews
- Issuer symbol
- DINO
- Transactions as of
- 15 Aug 2022
- Net transactions value
- -$124,999,980
- Form type
- 4
- Filing time
- 17 Aug 2022, 16:05:49 UTC
- Previous filing
- 12 Aug 2022
- Next filing
- 26 Aug 2022
- SEC
- View on sec.gov
Key filing fact
Holding Carol Orme filed Form 4 for HF Sinclair Corp (DINO) on 17 Aug 2022.
Change
- Previous filing in this sequence was filed on 12 Aug 2022.
- Current net transaction value: -$124,999,980.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Transactions Table
DINO
transaction
Common Stock
Disposed to Issuer
- Transaction value
- $124,999,980
- Shares
- -2,551,020
- Change %
- -4.4%
- Price
- $49.00
- Shares after
- 55,127,996
- Date
- 15 Aug 2022
- Ownership
- By REH Company
- Footnotes
- F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | These shares were sold by REH Company (f/k/a The Sinclair Companies) ("REH") to the Issuer in a private transaction pursuant to the Stock Purchase Agreement between REH and the Issuer dated August 15, 2022. |
| F2 | 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. As a result of her relationship with REH, Mrs. Holding may be deemed to beneficially own the 55,127,996 shares under applicable securities law and SEC guidance. |
| F3 | (Continued form footnote 2) 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. |