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Filing Details

Accession Number:: 0001567619-22-014202
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-07-19 21:14:39
Reporting Period:: 2022-03-22

Accepted Time:: 2022-07-19 21:14:39
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1822928	Holley Inc.	HLLY	Motor Vehicle Parts & Accessories (3714)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1871961	Owen Basham	C/O Sentinel Capital Partners, Llc One Vanderbilt Avenue, 53Rd Floor New York NY 10017		Yes	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2022-03-22	2,000,000	$13.00	54,673,884	No	4	S	Indirect	See footnote
Common Stock	Disposition	2022-04-25	8,000,000	$11.43	54,673,884	No	4	S	Indirect	See footnote
Common Stock	Disposition	2022-07-16	17,000	$0.00	9,320	No	4	J	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote
No	4	J	Direct

Footnotes

On March 22, 2022, Holley Parent Holdings, LLC sold 2,000,000 shares of common stock, par value $0.0001 per share ("Common Stock") of Holley Inc. (the "Issuer") in a transaction registered pursuant to the Issuer's Registration Statement on Form S-1 (Registration No. 333-258075).
The amount of securities beneficially owned by the reporting person as reported on its Form 4 filed on May 13, 2022, reflected the March 22, 2022 and April 25, 2022 dispositions reported in this Form 4; accordingly, the amount of securities beneficially owned by the reporting person on this Form 4 has not been further adjusted.
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.
The shares were sold by Holley Parent Holdings, LLC pursuant to an underwritten public offering, which closed on April 25, 2022.
The selling price of such shares was $11.43, which represents the price to the public less the underwriting discounts and commissions.
Each share of Common Stock underlying the restricted stock units that vested on July 16, 2022 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.