0001437749-23-016771.txt : 20230606 0001437749-23-016771.hdr.sgml : 20230606 20230606171450 ACCESSION NUMBER: 0001437749-23-016771 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230606 FILED AS OF DATE: 20230606 DATE AS OF CHANGE: 20230606 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Stevenson Matthew CENTRAL INDEX KEY: 0001738710 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39599 FILM NUMBER: 23996963 MAIL ADDRESS: STREET 1: 150 PEABODY PLACE STREET 2: M.S. LEGL-0008 CITY: MEMPHIS STATE: TN ZIP: 38103 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Holley Inc. CENTRAL INDEX KEY: 0001822928 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1801 RUSSELLVILLE ROAD CITY: BOWLING GREEN STATE: KY ZIP: 42101 BUSINESS PHONE: 2124971400 MAIL ADDRESS: STREET 1: 1801 RUSSELLVILLE ROAD CITY: BOWLING GREEN STATE: KY ZIP: 42101 FORMER COMPANY: FORMER CONFORMED NAME: Empower Ltd. DATE OF NAME CHANGE: 20200828 4 1 rdgdoc.xml FORM 4 X0407 4 2023-06-06 0001822928 Holley Inc. HLLY 0001738710 Stevenson Matthew 1801 RUSSELLVILLE ROAD BOWLING GREEN KY 42101 1 1 President and CEO 0 Common Stock 2023-06-06 4 A 0 1000000 0 A 1000000 D Common Stock 2023-06-06 4 A 0 1520000 0 A 2520000 D Represents a grant of restricted stock units made as an inducement award outside of the Issuer's 2021 Omnibus Incentive Plan in connection with the Reporting Person's appointment as President and Chief Executive Officer of the Issuer. Each restricted stock unit represents a contingent right to receive, upon vesting, one share of Common Stock. These restricted stock units will vest in equal, or nearly equal, installments on June 6 of each of 2024, 2025, 2026, and 2027, subject to the reporting person's continuous employment through such date. Represents a grant of performance-based restricted stock units made as an inducement award outside of the Issuer's 2021 Omnibus Incentive Plan in connection with the Reporting Person's appointment as President and Chief Executive Officer of the Issuer. Each performance-based restricted stock unit represents a contingent right to receive, upon vesting, one share of Common Stock. These performance-based restricted stock units will be eligible to vest in tranches based on the Company's closing stock price meeting or exceeding the stock price target specified for each tranche for a period of 20 consecutive trading days prior to December 31, 2030. Once the stock price performance goal for a tranche is achieved, the portion of the award related to that tranche will vest, subject to the reporting person's continued service on such date. /s/ Carly Kennedy, Attorney-In-Fact for Matthew J. Stevenson 2023-06-07