SEC Form 4 · accession 0001209191-15-009853
HOLLY ENERGY PARTNERS LP · HEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew P Clifton
Director
Period of report
Feb 4, 2015
Accepted (ET)
Feb 5, 2015 · 4:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001283140
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF1 | Feb 4, 2015 | A | 11,779 | $0.00 | A | 274,768 | D | |
| Common UnitsF2 | Feb 4, 2015 | F | 3,757 | $33.64 | D | 271,011 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These units were deemed issued to the reporting person to settle performance units that were not derivative securities under the Issuer's Long-Term Incentive Plan.
- F2These units were deemed surrendered to satisfy the reporting person's tax liability incident to the issuance of the units reported on the preceding line.
Remarks
Mr. Clifton is a director of Holly Logistic Services, L.L.C. Holly Logistic Services, L.L.C. is the general partner of HEP Logistics Holdings, L.P., the general partner of the Issuer.