William Monteleone - 18 Feb 2024 Form 4 Insider Report for PAR PACIFIC HOLDINGS, INC. (PARR)

Role: President, Director
Signature: /s/ William Monteleone
Issuer symbol: PARR
Transactions as of: 18 Feb 2024
Transactions value $: $231,553
Form type: 4
Filing time: 22 Feb 2024, 13:15:08 UTC
Previous filing: 21 Feb 2024
Next filing: 23 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PARR	Common stock	Tax liability	-$26,997	-678	-0.22%	$39.82	307,449	18 Feb 2024	Direct	F1
transaction	PARR	Common stock	Tax liability	-$44,120	-1,108	-0.36%	$39.82	306,341	19 Feb 2024	Direct	F1
transaction	PARR	Common stock	Options Exercise	$400,111	+10,048	+3.28%	$39.82	316,389	19 Feb 2024	Direct	F2
transaction	PARR	Common stock	Tax liability	-$97,439	-2,447	-0.77%	$39.82	313,942	19 Feb 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of common stock withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares of common stock.
F2	Each performance-based restricted stock unit ("RSU") represents the right to receive, upon vesting, up to 120% of one share of Par Pacific Holdings, Inc. ("Par Pacific") common stock. The resulting number of shares of Par Pacific common stock acquired upon vesting of the performance-based RSU is contingent upon the achievement of pre-established performance metrics, as approved by Par Pacific's Compensation Committee, over a three-year performance period beginning on the grant date and ending on the third anniversary of the grant date. Upon conversion, the repoting person received 10,048 shares of Par Pacific common stock.

Content

Represents shares of common stock withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares of common stock.

Each performance-based restricted stock unit ("RSU") represents the right to receive, upon vesting, up to 120% of one share of Par Pacific Holdings, Inc. ("Par Pacific") common stock. The resulting number of shares of Par Pacific common stock acquired upon vesting of the performance-based RSU is contingent upon the achievement of pre-established performance metrics, as approved by Par Pacific's Compensation Committee, over a three-year performance period beginning on the grant date and ending on the third anniversary of the grant date. Upon conversion, the repoting person received 10,048 shares of Par Pacific common stock.