Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HLLY | Common Stock | Other | $0 | +494K | $0.00 | 494K | Aug 5, 2022 | By Rubel Family Management Trust U/A Dated 10/8/2018 | F1, F2 | |
transaction | HLLY | Common Stock | Other | $0 | +135K | $0.00 | 135K | Aug 5, 2022 | By Matthew Rubel Family Annual Exclusion Trust FBO Joshua Rubel | F1, F3 | |
transaction | HLLY | Common Stock | Other | $0 | +135K | $0.00 | 135K | Aug 5, 2022 | By Matthew Rubel Family Annual Exclusion Trust FBO Jeffrey Rubel | F1, F4 | |
transaction | HLLY | Common Stock | Other | $0 | +135K | $0.00 | 135K | Aug 5, 2022 | By Matthew Rubel Family Annual Exclusion Trust FBO Michael Rubel | F1, F5 | |
holding | HLLY | Common Stock | 26.3K | Aug 5, 2022 | Direct |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | HLLY | Warrants to purchase Common Stock | Other | $0 | +233K | $0.00 | 233K | Aug 5, 2022 | Common Stock | 233K | $11.50 | By Rubel Family Management Trust U/A Dated 10/8/2018 | F1, F2, F6 |
Id | Content |
---|---|
F1 | On August 5, 2022, Empower Sponsor Holdings LLC ("Sponsor") effectuated a distribution of its 6,250,000 shares of common stock, par value $0.0001 per share (the "Common Stock") of Holley Inc. (the "Issuer") and 4,666,667 warrants to purchase Common Stock (the "Warrants") (and such distributions, the "Distribution"). As part of the Distribution, (i) 493,632 shares of Common Stock and 233,333 Warrants were distributed to the Rubel Family Management Trust U/A Dated 10/8/2018 ("Management Trust"), (ii) 134,831 shares of Common Stock was distributed to the Matthew Rubel Family Annual Exclusion Trust FBO Joshua Rubel (the "Joshua Trust"), (iii) 134,831 shares of Common Stock was distributed to the Matthew Rubel Family Annual Exclusion Trust FBO Jeffrey Rubel (the "Jeffrey Trust"), and (iv) 134,831 shares of Common Stock was distributed to the Matthew Rubel Family Annual Exclusion Trust FBO Michael Rubel (the "Michael Trust"). The remaining shares of Common Stock and Warrants previously hel |
F2 | Management Trust is the record holder of the securities reported. Mr. Rubel and Melissa Rubel are the trustees of the Management Trust and have shared voting and investment control over the securities held by the Management Trust. Each of Mr. Rubel and Ms. Rubel disclaim beneficial ownership except to the extent of their respective pecuniary interests therein. |
F3 | Joshua Trust is the record holder of the securities reported. Mr. Rubel is the trustee of the Joshua Trust and has voting and investment control over the securities held by the Joshua Trust. Mr. Rubel disclaims beneficial ownership except to the extent of his pecuniary interests therein. |
F4 | Jeffrey Trust is the record holder of the securities reported. Mr. Rubel is the trustee of the Jeffrey Trust and has voting and investment control over the securities held by the Jeffrey Trust. Mr. Rubel disclaims beneficial ownership except to the extent of his pecuniary interests therein. |
F5 | Michael Trust is the record holder of the securities reported. Mr. Rubel is the trustee of the Michael Trust and has voting and investment control over the securities held by the Michael Trust. Mr. Rubel disclaims beneficial ownership except to the extent of his pecuniary interests therein. |
F6 | The Warrants become exercisable at any time commencing on the later of one year from the closing of the Issuer's initial public offering, which occurred on October 9, 2020, and 30 days after the completion of Issuer's initial business combination, which closed on July 16, 2021, and expire five years after the completion of the initial business combination or earlier upon redemption or liquidation. |