<SEC-DOCUMENT>0001567619-22-014202.txt : 20220719
<SEC-HEADER>0001567619-22-014202.hdr.sgml : 20220719
<ACCEPTANCE-DATETIME>20220719211439
ACCESSION NUMBER:		0001567619-22-014202
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20220322
FILED AS OF DATE:		20220719
DATE AS OF CHANGE:		20220719

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Basham Owen
		CENTRAL INDEX KEY:			0001871961

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39599
		FILM NUMBER:		221092629

	MAIL ADDRESS:	
		STREET 1:		C/O SENTINEL CAPITAL PARTNERS, L.L.C.
		STREET 2:		330 MADISON AVENUE, 27TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

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
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc1.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2022-03-22</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001822928</issuerCik>
        <issuerName>Holley Inc.</issuerName>
        <issuerTradingSymbol>HLLY</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001871961</rptOwnerCik>
            <rptOwnerName>Basham Owen</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O SENTINEL CAPITAL PARTNERS, LLC</rptOwnerStreet1>
            <rptOwnerStreet2>ONE VANDERBILT AVENUE, 53RD FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10017</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2022-03-22</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>2000000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>13</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>54673884</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote</value>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2022-04-25</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F4"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>8000000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>11.43</value>
                    <footnoteId id="F5"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>54673884</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote</value>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2022-07-16</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F6"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>17000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>9320</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">On March 22, 2022, Holley Parent Holdings, LLC sold 2,000,000 shares of common stock, par value $0.0001 per share (&quot;Common Stock&quot;) of Holley Inc. (the &quot;Issuer&quot;) in a transaction registered pursuant to the Issuer's Registration Statement on Form S-1 (Registration No. 333-258075).</footnote>
        <footnote id="F2">The amount of securities beneficially owned by the reporting person as reported on its Form 4 filed on May 13, 2022, reflected the March 22, 2022 and April 25, 2022 dispositions reported in this Form 4; accordingly, the amount of securities beneficially owned by the reporting person on this Form 4 has not been further adjusted.</footnote>
        <footnote id="F3">These securities are held by Holley Parent Holdings, LLC. The reporting person may be deemed to beneficially own shares held directly by Holley Parent Holdings, LLC by virtue of his relationship with Holley Parent Holdings, LLC. The reporting person disclaims beneficial ownership of the shares held by Holley Parent Holdings, LLC other than to the extent of his pecuniary interest therein.</footnote>
        <footnote id="F4">The shares were sold by Holley Parent Holdings, LLC pursuant to an underwritten public offering, which closed on April 25, 2022.</footnote>
        <footnote id="F5">The selling price of such shares was $11.43, which represents the price to the public less the underwriting discounts and commissions.</footnote>
        <footnote id="F6">Each share of Common Stock underlying the restricted stock units that vested on July 16, 2022 pursuant to the Issuer's 2021 Omnibus Incentive Plan was transferred to Sentinel Capital Partners, L.L.C. (&quot;Sentinel&quot;) pursuant to a side letter between the reporting person and Sentinel.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Owen S. Basham</signatureName>
        <signatureDate>2022-07-19</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
