SEC Form 4 · accession 0001209191-18-060284
HOLLY ENERGY PARTNERS LP · HEP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark T. Cunningham
Officer — SVP, Operations & Engineering
Period of report
Nov 28, 2018
Accepted (ET)
Nov 29, 2018 · 5:35 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 28, 2018 | A | 5,220 | $0.00 | A | 54,337 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Phantom Units granted under the Holly Energy Partners, L.P. Long-Term Incentive Plan. The phantom units vest in three equal annual installments beginning December 15, 2019, provided that the reporting person remains in the employ of the Issuer from the grant date through each such vesting date. The vested phantom units will be paid within 30 days following the vesting date in the form of the Issuer's common units equal to the number of vested phantom units.
Remarks
Mr. Cunningham is the Senior Vice President, Operations & Engineering 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.