SEC Form 4 · accession 0000919574-15-007603
PAR PACIFIC HOLDINGS, INC. · PARR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Period of report
Oct 30, 2015
Accepted (ET)
Nov 3, 2015 · 9:26 pm EST
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 StockF1,F2 | Oct 30, 2015 | S | 96,000 | $22.858 | D | 8,419,976 | I | See Footnotes |
| Common StockF1,F2 | Nov 2, 2015 | S | 17,000 | $22.6915 | D | 8,402,976 | I | See Footnotes |
| Common StockF1,F2 | Nov 3, 2015 | S | 20,000 | $22.4991 | D | 8,382,976 | I | See Footnotes |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WarrantsF4,F3,F1,F2 | $0.10 | holding | — | — | — | Aug 31, 2012 | Aug 31, 2022 | Common Stock | 345,135 | 345,135 | I |
Explanation of responses
- F1These securities are directly owned by Whitebox Asymmetric Partners, L.P. ("WAP"), Whitebox Multi-Strategy Partners, L.P. ("WMSP"), Whitebox Credit Partners, L.P. (f/k/a Whitebox Credit Arbitrage Partners, L.P.) ("WCRAP"), Whitebox Relative Value Partners, L.P. (f/k/a Whitebox Concentrated Convertible Arbitrage Partners, L.P.) ("WCCAP"), Pandora Select Partners, L.P. ("PSP"), Whitebox Special Opportunities Fund, L.P. - Series O ("WSOF"), Whitebox Institutional Partners, L.P. ("WIP") (together, the "Private Funds") and Whitebox Tactical Opportunities Fund ("WTOF" and together with the Private Funds, the "Whitebox Funds") and may be deemed to be beneficially owned by (a) Whitebox Advisors LLC ("WA") by virtue of its role as the investment manager of the Whitebox Funds, and (b) Whitebox General Partner LLC ("WGP") by virtue of its role as the general partner of the Private Funds.
- F2The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of their pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- F3Warrants are held directly by WAP, WMSP, WCRAP, WCCAP and PSP.
- F4Warrants that may be exercised to acquire shares of the Issuer's common stock are held directly by the Private Funds identified in footnote (3), and were originally acquired by such Private Funds on August 31, 2012 and reported in a Form 3 filed on September 12, 2012. The number of warrant shares currently disclosed reflects the effect of anti-dilution adjustments since that time in connection with the Issuer's 1 for 10 reverse stock split and issuances of additional common stock by the Issuer in settlement of previously unresolved claims under the Issuer's Chapter 11 Plan of Reorganization.