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