Larry R. Baldwin - Oct 27, 2021 Form 4 Insider Report for HOLLY ENERGY PARTNERS LP (HEP)

Role
Director
Signature
Stacey Foland, Attorney-in-Fact
Stock symbol
HEP
Transactions as of
Oct 27, 2021
Transactions value $
$0
Form type
4
Date filed
10/29/2021, 05:39 PM
Next filing
Dec 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HEP Common Units Award $0 +6.08K +26.78% $0.00 28.8K Oct 27, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom Units granted under the Holly Energy Partners, L.P. Long-Term Incentive Plan. The Phantom Units are subject to restrictions that will lapse on December 1, 2022, provided the reporting person has served on the board of directors of the ultimate general partner of the Issuer from the grant date until 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. Baldwin is an outside director 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.