SEC Form 4 · accession 0000899243-16-029897
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 14, 2016
Accepted (ET)
Sep 23, 2016 · 4:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000821483
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Sep 14, 2016 | X | 55,192 | $12.25 | A | 97,402 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Subscription Rights (right to buy)F1,F2 | $12.25 | Sep 14, 2016 | X | 242,030 | D | Aug 26, 2016 | Sep 14, 2016 | Common stock | 55,192 | 0 | D |
Explanation of responses
- F1On September 15, 2016, Par Pacific Holdings, Inc. ("Issuer") announced that its pro rata rights offering (the "Offering") which commenced on August 26, 2016 and expired on September 14, 2016, had been fully subscribed. Pursuant to the Offering each stockholder of Issuer received one transferable subscription right (the "Right') for each whole share of Issuer common stock (the "Common Stock") owned by that stockholder. Each subscription right entitled a Rights holder to purchase 0.099 shares of the Common Stock at a subscription price of $12.25 per whole share.
- F2Includes shares of Common Stock acquired pursuant to the exercise of the oversubscription privilege.