Par Pacific Holdings, Inc 8-K, filed Oct 26, 2021
Par Pacific Holdings, Inc. (PARR)
8-K
2021-10-26
For: 2021-10-25
View Original
Added on
April 11, 2026
About this 8-K
Par Pacific Holdings, Inc filed this 8-K on October 26, 2021, reporting on events of October 25, 2021.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 25, 2021
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
| (Address of principal executive offices) | (Zip Code) | |||||||
(281 ) 899-4800
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Securities registered pursuant to Section 12(b) of the Act:
Title of Class | Trading Symbol(s) | Name of each exchange of which registered | ||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ¨ | ||||||||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 25, 2021, the Board of Directors of Par Pacific Holdings, Inc. (the “Company”) increased the number of directors from eleven to twelve members and elected Mr. Phil Davidson as its newest member to fill the newly created vacancy. Mr. Davidson will join the board of directors (the “Board”) effective October 25, 2021. Mr. Davidson will stand for election by the Company’s shareholders at the 2022 Annual Meeting of Shareholders.
The Company is not aware of any other arrangement or understanding between Mr. Davidson and any other person pursuant to which Mr. Davidson was appointed to the Board. Mr. Davidson will participate in the non-employee director compensation programs of the Company, as described in its most recent proxy statement, as such programs are amended from time to time.
Item 7.01 Regulation FD Disclosure.
On October 26, 2021, the Company issued a news release reporting the election of a director. The release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
In accordance with General Instruction B.2 of Form 8-K, the foregoing information, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall such information and Exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Par Pacific Holdings, Inc. | ||||||||||||||
Dated: | October 26, 2021 | /s/ James Matthew Vaughn | ||||||||||||
| James Matthew Vaughn | ||||||||||||||
| Chief Administrative Officer and General Counsel | ||||||||||||||
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 | NEWS RELEASE | ||||
PAR PACIFIC ANNOUNCES APPOINTMENT OF RETIRED ADMIRAL PHIL DAVIDSON TO BOARD OF DIRECTORS
HOUSTON, October 26, 2021 – Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced the appointment of Phil Davidson to the Par Pacific Board of Directors, effective October 25, 2021.
“We are proud to announce the addition of Phil Davidson to the Par Pacific Board,” said Robert Silberman, Chairman of the Board of Directors of Par Pacific. “Phil is an extraordinary leader, and his experience at the highest levels of military and governmental affairs will bring new perspectives to our Board.”
Phil Davidson was the Commander of the United States Indo-Pacific Command from 2018 to 2021. He retired from active service in the U.S. Navy in May 2021 as a four-star Admiral after nearly 39 years of service. Mr. Davidson is a 1982 graduate of the U.S. Naval Academy, and a 1992 distinguished graduate of the U.S. Naval War College. He holds a Bachelor of Science degree in Physics and a Master of Arts in National Security and Strategic Studies.
About Par Pacific
Par Pacific Holdings, Inc. (NYSE: PARR), headquartered in Houston, Texas, owns and operates market-leading energy, infrastructure, and retail businesses. Par Pacific’s strategy is to acquire and develop businesses in logistically complex markets. Par Pacific owns and operates one of the largest energy networks in Hawaii with 94,000 bpd of operating refining capacity, a logistics system supplying the major islands of the state and 90 retail locations. In the Pacific Northwest and the Rockies, Par Pacific owns and operates 60,000 bpd of combined refining capacity, related multimodal logistics systems, and 30 retail locations. Par Pacific also owns 46% of Laramie Energy, LLC, a natural gas production company with operations and assets concentrated in Western Colorado. More information is available at www.parpacific.com.
For more information contact:
Ashimi Patel
Senior Manager,
Investor Relations
(832) 916-3355
apatel@parpacific.com