February 19, 2024 · Form 4 insider transaction
Monteleone William bought 10,048 shares of Par Pacific Holdings, Inc. at $39.82 per share, a transaction worth $400.1K. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 3 days after the transaction.
Each performance-based restricted stock unit ("RSU") represents the right to receive, upon vesting, up to 120% of one share of Par Pacific Holdings, Inc. ("Par Pacific") common stock. The resulting number of shares of Par Pacific common stock acquired upon vesting of the performance-based RSU is contingent upon the achievement of pre-established performance metrics, as approved by Par Pacific's Compensation Committee, over a three-year performance period beginning on the grant date and ending on the third anniversary of the grant date. Upon conversion, the repoting person received 10,048 shares of Par Pacific common stock.