SEC Form 4 · accession 0001209191-17-063071
HOLLY ENERGY PARTNERS LP · HEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Jennings
Director
Period of report
Nov 29, 2017
Accepted (ET)
Nov 30, 2017 · 5:41 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 | Nov 29, 2017 | S | 2,000 | $32.24 | D | 22,978 | D | |
| Common unitsF2 | Nov 30, 2017 | S | 2,000 | $32.77 | D | 20,978 | 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 sold in multiple transactions at prices ranging from $31.89 to $32.48, inclusive. 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 sold at each separate price within the range set forth in this footnote.
- F2The price reported is a weighted average price. These units were sold in multiple transactions at prices ranging from $32.65 to $33.03, inclusive. 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 sold at each separate price within the range set forth in this footnote.
Remarks
Mr. Jennings is a director of Holly Logistics Services, L.L.C. Holly Logistics Services, L.L.C. is the general partner of HEP Logistics Holdings, L.P., the general partner of Issuer.