Chai Trust Co Llc - Oct 28, 2021 Form 4 Insider Report for PAR PACIFIC HOLDINGS, INC. (PARR)

Role
10%+ Owner
Signature
Chai Trust Company, LLC; By: /s/ Joseph Miron, Chief Legal Officer
Stock symbol
PARR
Transactions as of
Oct 28, 2021
Transactions value $
-$1,094,016
Form type
4
Date filed
11/1/2021, 05:06 PM
Previous filing
May 10, 2021
Next filing
Nov 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PARR Common Stock Sale -$725K -46.3K -0.38% $15.65 12.1M Oct 28, 2021 See footnote F1, F3
transaction PARR Common Stock Sale -$369K -23.6K -0.19% $15.61 12.1M Oct 29, 2021 See footnote F1, F4
holding PARR Common Stock 878K Oct 28, 2021 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of Common Stock were sold on behalf of the Zell Credit Opportunities Master Fund, L.P. (the "Master Fund"), through a subsidiary fund, Zell Credit Opportunities Sub Fund, LLC. The shares sold represent the pro rata interest of an outside investor in the Master Fund (the "Outside Investor") and the proceeds of the sale will be distributed to the Outside Investor. Chai Trust Company, LLC, an Illinois limited liability company, ("Chai Trust") is the general partner of the Master Fund and may be deemed to indirectly beneficially own these shares of Common Stock.
F2 These shares of Common Stock are held directly by EGI Investors, L.L.C. ("EGI Investors"). Chai Trust is the managing member of EGI Investors and may be deemed to indirectly beneficially own the shares of Common Stock held directly by EGI Investors.
F3 The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $15.45 to $15.74, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
F4 The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $15.465 to $15.85, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.