Graham Clempson - Jun 23, 2023 Form 4 Insider Report for Holley Inc. (HLLY)

Role
Director
Signature
/s/ Carly Kennedy, Attorney-In-Fact for Graham Clempson
Stock symbol
HLLY
Transactions as of
Jun 23, 2023
Transactions value $
$7,773
Form type
4
Date filed
6/27/2023, 04:08 PM
Previous filing
Jun 21, 2023
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HLLY Common Stock Purchase $1.05K +300 +11.75% $3.49 2.85K Jun 23, 2023 See footnote F1, F2, F4
transaction HLLY Common Stock Purchase $6.73K +1.92K +67.37% $3.50 4.78K Jun 26, 2023 See footnote F1, F2, F3, F4
holding HLLY Common Stock 24.9K Jun 23, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Adoption date of referenced 10b5-1(c) plan is: 03-13-2023.
F2 These shares were purchased pursuant to a plan adopted by the Reporting Person and intended to comply with Rule 10b 5-1(c) under the Securities Exchange Act of 1934.
F3 The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $3.495 to $3.50. Full information regarding the number of shares purchased at each separate price will be provided upon request.
F4 These securities are held by Highwood Investing LLC. The Reporting Person may be deemed to beneficially own shares held directly by Highwood Investing LLC by virtue of his relationship with Highwood Investing LLC.