Virtue J Edward's Form 4 filing
Holley Inc.HLLY · filed Jul 19, 2021
- Accession no.
- 0000899243-21-028822
- Filed
- Jul 19, 2021, 4:00 PM ET
- Trade date
- Oct 9, 2020-Jul 16, 2021
- Filing delay
- 283 daysLate
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 1 non-derivative transaction and 3 derivative transactions. It was filed 283 days after the trade, past the 2-business-day deadline.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Virtue J EdwardCIK 0001268105 | 10% Owner |
| Empower Sponsor Holdings LLCCIK 0001824500 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jul 16, 2021 | Common Stock | CConversionAcquired | +6,250,000 | –F1 | – | 6,250,000 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Oct 9, 2020 | Class A ordinary shares | PPurchaseAcquired | +4,666,667 | $1.50 | +$7,000,000.5 | 4,666,667 | Direct | |
| Nov 23, 2020 | Class A ordinary shares | JOtherDisposed | −937,500 | –F4 | – | 6,250,000 | Direct | |
| Jul 16, 2021 | Class A ordinary shares | CConversionDisposed | −6,250,000 | –F1 | – | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
As described in the registration statement on Form S-1 (File No. 333-248899) filed by the issuer of the Class B ordinary shares (the "S-1"), under the heading "Description of Securities," the Class B ordinary shares were automatically convertible into Class A ordinary shares at the time of the issuer's initial business combination or earlier at the option of the holders thereof, on a one-for-one basis, subject to certain adjustments described therein, and had no expiration date. The Class B ordinary shares automatically converted into Class A ordinary shares at the time of the issuer's initial business combination on a one-for-one basis. Upon consummation of the business combination, the Class A ordinary shares were redesignated as common stock (without class designation).
Referenced by the price of 1 transaction in Table I and 1 transaction in Table II.
- F4
The Sponsor forfeited the securities reported for no consideration in connection with the underwriters' election to not exercise their over-allotment option.
Referenced by the price of 1 transaction in Table II.