David S. Lobel - Dec 16, 2024 Form 4 Insider Report for Holley Inc. (HLLY)

Signature
By: /s/ Vincent Taurassi, Attorney-In-Fact for David S. Lobel
Stock symbol
HLLY
Transactions as of
Dec 16, 2024
Transactions value $
-$5,230,068
Form type
4
Date filed
12/18/2024, 07:52 PM
Previous filing
Sep 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLLY Common Stock Sale -$5.23M -1.74M -4.03% $3.00 41.6M Dec 16, 2024 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 16, 2024, Holley Parent Holdings, LLC, d/b/a Sentinel Holley Holdings, ("Sentinel Holley"), sold 1,743,356 shares of Common Stock for aggregate consideration of $5,230,068 to an unaffiliated third party (the "Transaction"). Sentinel Holley is an entity ultimately controlled by Sentinel Capital Partners, LLC that was formed to hold the investment by its affiliated funds and certain other investors in the Issuer. The Issuer did not sell or receive shares or receive any consideration in connection with the Transaction, and the Transaction did not create any new shares of Common Stock or change the number of shares of outstanding Common Stock of the Issuer.
F2 See Exhibit 99.1 for Joint Filer information.