SEC Form 4 · accession 0001209191-15-085824
HollyFrontier Corp · HFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Jennings
Officer — CEO and President · Director
Period of report
Dec 15, 2015
Accepted (ET)
Dec 17, 2015 · 4:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000048039
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Dec 15, 2015 | A | 39,472 | $0.00 | A | 468,522 | D | |
| Common stockF2 | Dec 15, 2015 | F | 16,559 | $41.07 | D | 451,963 | D | |
| Common stock | Dec 15, 2015 | F | 27,289 | $41.07 | D | 424,674 | D | |
| Common stockF3 | Dec 15, 2015 | S | 60,000 | $41.2846 | D | 364,674 | D | |
| Common stockF4 | Dec 16, 2015 | S | 40,000 | $41.0997 | D | 324,674 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were deemed issued to the reporting person to settle performance share units that were not derivative securities under the Company's Omnibus Incentive Compensation Plan.
- F2These shares were deemed surrendered to satisfy the reporting person's tax liability incident to the issuance of the shares reported on the preceding line.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.93 to $41.64, inclusive. The reporting person undertakes to provide to HollyFrontier Corporation, any security holder of HollyFrontier Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F4The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.80 to $41.35, inclusive. The reporting person undertakes to provide to HollyFrontier Corporation, any security holder of HollyFrontier Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote