0001140361-22-018704.txt : 20220511
0001140361-22-018704.hdr.sgml : 20220511
20220511202131
ACCESSION NUMBER: 0001140361-22-018704
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220509
FILED AS OF DATE: 20220511
DATE AS OF CHANGE: 20220511
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CHAI TRUST CO LLC
CENTRAL INDEX KEY: 0001250731
STATE OF INCORPORATION: IL
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36550
FILM NUMBER: 22915330
BUSINESS ADDRESS:
STREET 1: TWO NORTH RIVERSIDE PLAZA
STREET 2: SUITE 600
CITY: CHICAGO
STATE: IL
ZIP: 60606
BUSINESS PHONE: 3124663281
MAIL ADDRESS:
STREET 1: TWO NORTH RIVERSIDE PLAZA
STREET 2: SUITE 600
CITY: CHICAGO
STATE: IL
ZIP: 60606
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: EGI Investors, L.L.C.
CENTRAL INDEX KEY: 0001526696
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36550
FILM NUMBER: 22915329
BUSINESS ADDRESS:
STREET 1: 2 NORTH RIVERSIDE PLAZA
STREET 2: SUITE 600
CITY: CHICAGO
STATE: IL
ZIP: 60606
BUSINESS PHONE: 312-466-3301
MAIL ADDRESS:
STREET 1: 2 NORTH RIVERSIDE PLAZA
STREET 2: SUITE 600
CITY: CHICAGO
STATE: IL
ZIP: 60606
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Zell Credit Opportunities Master Fund, L.P.
CENTRAL INDEX KEY: 0001469407
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36550
FILM NUMBER: 22915328
BUSINESS ADDRESS:
STREET 1: 2 NORTH RIVERSIDE PLAZA
STREET 2: SUITE 600
CITY: CHICAGO
STATE: IL
ZIP: 60606
BUSINESS PHONE: 312-454-1800
MAIL ADDRESS:
STREET 1: 2 NORTH RIVERSIDE PLAZA
STREET 2: SUITE 600
CITY: CHICAGO
STATE: IL
ZIP: 60606
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PAR PACIFIC HOLDINGS, INC.
CENTRAL INDEX KEY: 0000821483
STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311]
IRS NUMBER: 841060803
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 825 TOWN & COUNTRY LANE
STREET 2: SUITE 1500
CITY: HOUSTON
STATE: TX
ZIP: 77024
BUSINESS PHONE: (281) 899-4800
MAIL ADDRESS:
STREET 1: 825 TOWN & COUNTRY LANE
STREET 2: SUITE 1500
CITY: HOUSTON
STATE: TX
ZIP: 77024
FORMER COMPANY:
FORMER CONFORMED NAME: PAR PETROLEUM CORP/CO
DATE OF NAME CHANGE: 20120907
FORMER COMPANY:
FORMER CONFORMED NAME: DELTA PETROLEUM CORP/CO
DATE OF NAME CHANGE: 19920703
4
1
form4.xml
FORM 4
X0306
4
2022-05-09
0000821483
PAR PACIFIC HOLDINGS, INC.
PARR
0001250731
CHAI TRUST CO LLC
TWO NORTH RIVERSIDE PLAZA
SUITE 600
CHICAGO
IL
60606
true
0001526696
EGI Investors, L.L.C.
TWO NORTH RIVERSIDE PLAZA
SUITE 600
CHICAGO
IL
60606
true
0001469407
Zell Credit Opportunities Master Fund, L.P.
TWO NORTH RIVERSIDE PLAZA
SUITE 600
CHICAGO
IL
60606
true
Common Stock
2022-05-09
4
S
0
76997
13.6365
D
5758699
I
See footnote
Common Stock
2022-05-10
4
S
0
86006
13.4388
D
5672693
I
See footnote
Common Stock
2671135
I
See footnote
These shares of Common Stock were sold on behalf of the Zell Credit Opportunities Master Fund, L.P. (the "Master Fund"), through an affiliated fund, Zell Credit Opportunities Sub Fund, LLC ("Sub Fund"). The shares sold represent a portion of the pro rata interest of an outside investor in the Master Fund (the "Outside Investor") and are being sold in connection with the Master Fund reaching maturity and effecting an orderly liquidation and distribution of the proceeds of the sale to the Outside Investor. The Outside Investor's remaining interest represents 4,995,398 of the remaining shares of Common Stock held by the Master Fund (directly and indirectly through Sub Fund). The shares of Common Stock held by the Master Fund not attributable to the Outside Investor are not being sold, transferred or otherwise disposed of at this time.
These shares of Common Stock are held directly by EGI Investors, L.L.C. ("EGI Investors"). The shares of Common Stock held by EGI Investors are not being sold, transferred or otherwise disposed of at this time.
The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $13.33 to $14.09, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
The price reported in Column 4 is a weighted average price. These shares of Common Stock were sold in multiple transactions at prices ranging from $12.93 to $13.90, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.
Chai Trust Company, LLC, an Illinois limited liability company, is the general partner of the Master Fund and the managing member of each of EGI Investors and Sub Fund, and in such capacities, may be deemed to indirectly beneficially own these shares of Common Stock.
This figure accounts for an aggregate of 655,748 shares of Common Stock that were distributed in kind, pro-rata and for no additional consideration, from the Master Fund to EGI Investors, in transfers that were exempt from Section 16 under Rule 16a-13.
Chai Trust Company, LLC; By: /s/ Joseph Miron, Chief Legal Officer
2022-05-11
EGI Investors L.L.C.; By: /s/ Joseph Miron, Vice President
2022-05-11
Zell Credit Opportunities Master Fund, L.P.; By: Chai Trust Company, LLC, its General Partner; By: /s/ Joseph Miron, Chief Legal Officer
2022-05-11