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.
- Accepted by SEC: 30 Sep 2022, 16:30.
Holding Carol Orme - 28 Sep 2022 Form 4 Insider Report for HF Sinclair Corp (DINO)
- Form type
- 4
- Accepted by SEC
- 30 Sep 2022, 16:30:38 UTC
- Previous filing
- 22 Sep 2022
- Next filing
- 05 Oct 2022
- SEC filing
- View on sec.gov
- Reporting owner signature
- REH Company, By: Ross Matthews, Chief Operating Officer, /s/ Ross B. Matthews
Source evidence
5 source fields
Reporting owner
1 detail
Key filing fact
Holding Carol Orme filed Form 4 for HF Sinclair Corp (DINO) on 30 Sep 2022.
Change
- Previous filing in this sequence was filed on 22 Sep 2022.
- Current net transaction value: -$99,999,967.
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.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DINO
transaction
Common Stock
Disposed to Issuer
- Transaction value
- $99,999,967
- Shares
- -1,881,113
- Change %
- -3.7%
- Price
- $53.16
- Shares after
- 48,387,338
- Date
- 28 Sep 2022
- Ownership
- By REH Company
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote 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 September 28, 2022.
Footnote 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.
Footnote F3
(Continued from footnote 2) 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 48,387,338 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.