Owen Basham - May 16, 2023 Form 4 Insider Report for Holley Inc. (HLLY)

Role
Director
Signature
/s/ Carly Kennedy, Attorney-In-Fact for Owen S. Basham
Stock symbol
HLLY
Transactions as of
May 16, 2023
Transactions value $
$0
Form type
4
Date filed
5/16/2023, 04:08 PM
Previous filing
May 11, 2023
Next filing
Aug 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLLY Common Stock Other $0 -9.32K -21.04% $0.00 35K May 16, 2023 Direct F1
holding HLLY Common Stock 54.7M May 16, 2023 See footnote F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Common Stock underlying the restricted stock units that vested on May 11, 2023, pursuant to the Issuer's 2021 Omnibus Incentive Plan was transferred to Sentinel Capital Partners, L.L.C. ("Sentinel") pursuant to a side letter between the reporting person and Sentinel.
F2 These securities are held by Holley Parent Holdings, LLC. The reporting person may be deemed to beneficially own shares held directly by Holley Parent Holdings, LLC by virtue of his relationship with Holley Parent Holdings, LLC. The reporting person disclaims beneficial ownership of the shares held by Holley Parent Holdings, LLC other than to the extent of his pecuniary interest therein.