Kenneth Norwood - Dec 1, 2022 Form 4 Insider Report for HOLLY ENERGY PARTNERS LP (HEP)

Role
VP and Controller
Signature
Stacey L. Foland, Attorney-in-Fact
Stock symbol
HEP
Transactions as of
Dec 1, 2022
Transactions value $
-$80,285
Form type
4
Date filed
12/5/2022, 04:44 PM
Previous filing
Oct 27, 2022
Next filing
Oct 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HEP Common Units Award $0 +5.85K +8.78% $0.00 72.4K Dec 1, 2022 Direct F1
transaction HEP Common Units Tax liability -$35.4K -1.89K -2.61% $18.71 70.5K Dec 1, 2022 Direct F2
transaction HEP Common Units Tax liability -$44.9K -2.4K -3.4% $18.71 68.1K Dec 1, 2022 Direct F3
* 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.
F3 These units were deemed surrendered to satisfy the reporting person's tax liability incident to the vesting of phantom unit grants previously reported.

Remarks:

Mr. Norwood is Vice President and Controller 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.