PATE WILLIAM 4
4 · PAR PACIFIC HOLDINGS, INC. · Filed Aug 14, 2025
Insider Transaction Report
Form 4
PATE WILLIAM
Director
Transactions
- Exercise/Conversion
Common Stock
2025-08-12$21.44/sh+150,000$3,216,000→ 674,610 total - Disposition to Issuer
Common Stock
2025-08-12$28.14/sh−150,000$4,221,000→ 524,610 total - Exercise/Conversion
Common Stock
2025-08-12$17.34/sh+100,346$1,740,000→ 624,956 total - Disposition to Issuer
Common Stock
2025-08-12$28.14/sh−100,346$2,823,736→ 524,610 total - Exercise/Conversion
Stock Option
2025-08-12−150,000→ 0 totalExercise: $21.44Exp: 2025-10-11→ Common Stock (150,000 underlying) - Exercise/Conversion
Stock Option
2025-08-12−100,346→ 0 totalExercise: $17.34Exp: 2026-02-26→ Common Stock (100,346 underlying)
Footnotes (4)
- [F1]Represents a non-qualified stock option to purchase 150,000 shares of Par Pacific Holdings, Inc. ("Company") common stock at an exercise price of $21.44 per share granted to Mr. Pate on October 12, 2015, and expiring on October 11, 2025.
- [F2]On August 12, 2025, the Company made a cash payment to the reporting person in an amount equal to (i) the number of shares issued to the reporting person multiplied by (ii) the the closing price of the Company's closing stock price on the New York Stock Exchange on the exercise date less (iii) the amount withheld to pay the exercise price.
- [F3]Represents a non-qualified stock option to purchase 100,346 shares of Company common stock at an exercise price of $17.34 per share granted to Mr. Pate on February 27, 2018, and expiring on February 26, 2026.
- [F4]The reporting person exercised the option due to the upcoming expiration date of the option and anticipated closure of the trading window under the Issuer's Insider Trading Policy prior to such date.