PAR PACIFIC HOLDINGS, INC. — Director's Dealing 2021

Mar 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PAR PACIFIC HOLDINGS, INC. (PARR)
CIK: 0000821483
Period of Report: 2021-02-26

Reporting Person: PATE WILLIAM (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-26	Common stock	F	1047	$17.67	Disposed	320367	Direct
2021-02-27	Common stock	F	1018	$17.67	Disposed	319349	Direct
2021-02-27	Common stock	A	20069	$17.67	Acquired	339418	Direct
2021-02-27	Common stock	F	5180	$17.67	Disposed	334238	Direct
2021-02-28	Common stock	F	730	$17.67	Disposed	333508	Direct

Footnotes

F1: Represents shares of common stock withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares of common stock.

F2: Represents shares of common stock withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares of common stock.

F3: 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 reporting person received 20,069 shares of Par Pacific common stock.

F4: Represents shares of common stock withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of performance restricted stock units.

F5: Represents shares of common stock withheld by the Issuer for payment of withholding tax liability incurred upon the vesting of restricted shares of common stock.