SEC Form 4 · accession 0001209191-16-111274
HOLLY ENERGY PARTNERS LP · HEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Jennings
Officer — Chief Executive Officer · Director
Period of report
Mar 29, 2016
Accepted (ET)
Mar 31, 2016 · 6:03 pm EDT
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 | Mar 29, 2016 | P | 12,851 | $33.29 | A | 27,799 | D | |
| Common UnitsF2 | Mar 30, 2016 | P | 2,149 | $33.37 | A | 29,948 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported is a weighted average price. These units were purchased in multiple transactions at prices ranging from a low of $33.27 per unit to a high of $33.30 per unit. The reporting person undertakes to provide to Holly Energy Partners, L.P., any security holder of Holly Energy Partners, L.P., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of units purchased at each separate price within the range set forth in this footnote.
- F2The price reported is a weighted average price. These units were purchased in multiple transactions at prices ranging from a low of $32.90 per unit to a high of $33.75 per unit. The reporting person undertakes to provide to Holly Energy Partners, L.P., any security holder of Holly Energy Partners, L.P., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of units purchased at each separate price within the range set forth in this footnote.
Remarks
Mr. Jennings is the Chief Executive Officer and 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.