Kenneth Norwood - 09 Feb 2022 Form 4 Insider Report for HOLLY ENERGY PARTNERS LP

Role: VP and Controller
Signature: Stacey Foland, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 09 Feb 2022
Net transactions value: -$21,968
Form type: 4
Filing time: 10 Feb 2022, 18:47:40 UTC
Previous filing: 03 Dec 2021
Next filing: 27 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HEP	Common Units	Award	$0	+3,110	+5.2%	$0.000000	62,646	09 Feb 2022	Direct	F1
transaction	HEP	Common Units	Tax liability	$21,968	-1,171	-1.9%	$18.76	61,475	09 Feb 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. Norwood is the 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.