Mark T. Cunningham - Feb 9, 2022 Form 4 Insider Report for HOLLY ENERGY PARTNERS LP (HEP)

Role
SVP, Operations & Engineering
Signature
Stacey Foland, Attorney-in-Fact
Stock symbol
HEP
Transactions as of
Feb 9, 2022
Transactions value $
-$18,891
Form type
4
Date filed
2/10/2022, 06:52 PM
Previous filing
Dec 3, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HEP Common Units Award $0 +3.39K +4.15% $0.00 85.2K Feb 9, 2022 Direct F1
transaction HEP Common Units Tax liability -$18.9K -1.01K -1.18% $18.76 84.2K Feb 9, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These 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.
F2 These 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. Cunningham is 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 Issuer.