Brian Appelgate - Nov 8, 2022 Form 3 Insider Report for Holley Inc. (HLLY)

Signature
/s/ Carly Kennedy, Attorney-In-Fact for Brian Appelgate
Stock symbol
HLLY
Transactions as of
Nov 8, 2022
Transactions value $
$0
Form type
3
Date filed
11/14/2022, 03:41 PM
Next filing
Nov 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HLLY Common Stock 21.8K Nov 8, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding HLLY Stock Option (Right to Buy) Nov 8, 2022 Common Stock 58.5K $12.06 Direct F2, F3
holding HLLY Stock Option (Right to Buy) Nov 8, 2022 Common Stock 20.3K $12.29 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents grants of restricted stock units pursuant to the Issuer's 2021 Omnibus Incentive Plan. Each restricted stock unit represents the right to receive, upon vesting, one share of Common Stock. These restricted stock units will vest in equal, or nearly equal installments of 2,815 on February 15 of each of 2023, 2024 and 2025, and equal installments of 6,667 on July 16 of each of 2023 and 2024, subject to the reporting person's continuous employment through such date.
F2 Represents stock options granted pursuant to the Issuer's 2021 Omnibus Incentive Plan.
F3 The shares subject to the stock option vest and become exercisable in equal or nearly equal installments on July 16 of each of 2022, 2023, and 2024, subject to the reporting person's continuous employment through such date.
F4 The shares subject to the stock option vest and become exercisable in equal or nearly equal installments on February 15 of each of 2023, 2024, and 2025, subject to the reporting person's continuous employment through such date.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney