SEC Form 4 · accession 0000899243-16-028681
PAR PACIFIC HOLDINGS, INC. · PARR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Pate
Officer — President and CEO · Director
Period of report
Sep 7, 2016
Accepted (ET)
Sep 8, 2016 · 4:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000821483
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Transferrable subscription right (right to buy)F1,F2 | $12.25 | Sep 7, 2016 | P | 48,843 | A | Aug 26, 2016 | Sep 14, 2016 | Common stock | 4,835 | 242,210 | D |
Explanation of responses
- F1In the rights offering, each subscription right will entitle the holder thereof to purchase 0.099 shares of the Company's common stock at $12.25 per whole share (subject to rounding down to avoid the issuance of fractional shares) (the "basic subscription privilege"). The rights offering will also include an oversubscription privilege, which will entitle holders who fully exercise their basic subscription privilege the right to purchase at the same exercise price additional shares of the Company's common stock in the rights offering that other holders do not purchase, subject to availability and pro rata allocation of shares among rights holders exercising such oversubscription privilege. No fractional shares of common stock will be issued in the rights offering. The subscription rights will expire if they are not exercised by 5:00 p.m. New York City time on September 14, 2016 (unless extended).
- F2Includes an additional 42,210 subscription rights received with respect to shares of common stock owned by the reporting person.