Holley director granted 32,710 RSUs
Basham Owen reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Basham Owen reported acquisition or exercise transactions in this Form 4 filing.
Holley Inc. director Owen Basham received a grant of 32,710 restricted stock units of Common Stock as equity compensation. The award was made at no cash cost and brings his directly held Common Stock to 110,041 shares after the grant.
The RSUs were issued under Holley’s 2021 Omnibus Incentive Plan and each unit represents one share of Common Stock upon vesting. The units vest on May 1, 2027, if he continues to serve through that date. Separately, 24,654,834 shares are held indirectly by Holley Parent Holdings, LLC, where he may be deemed to have a pecuniary interest but disclaims beneficial ownership beyond that.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 32,710 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents a grant of restricted stock units pursuant to the Issuer's 2021 Omnibus Incentive Plan, as amended. Each restricted stock unit represents the right to receive, upon vesting, one share of Common Stock. These restricted stock units will vest on May 1, 2027, subject to the reporting person's continuous service through such date.
- F2. These securities are held by Holley Parent Holdings, LLC. The reporting person may be deemed to beneficially own shares held directly by Holley Parent Holdings, LLC by virtue of his relationship with Holley Parent Holdings, LLC. The reporting person disclaims beneficial ownership of the shares held by Holley Parent Holdings, LLC other than to the extent of his pecuniary interest therein.
Key Figures
Key Terms
restricted stock units financial
2021 Omnibus Incentive Plan financial
beneficially own financial
pecuniary interest financial
continuous service financial
FAQ
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What did Holley (HLLY) director Owen Basham report in this Form 4?
When do Owen Basham’s 32,710 Holley (HLLY) RSUs vest?
What is the relationship between Owen Basham and Holley Parent Holdings, LLC?
Under which plan were the 32,710 Holley (HLLY) RSUs granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.