Holding Carol Orme - 01 Dec 2023 Form 4 Insider Report for HOLLY ENERGY PARTNERS LP

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Dec 2023, 17:07:22 UTC
Prior SEC filing
19 Oct 2023
Next SEC filing
20 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
REH COMPANY, By: /s/ Ross B. Matthews, Name: Ross B. Matthews, Title: Chief Operating Officer

Key filing fact

Holding Carol Orme filed Form 4 for HOLLY ENERGY PARTNERS LP on 04 Dec 2023.

Key facts

  • This page summarizes Holding Carol Orme's Form 4 filing for HOLLY ENERGY PARTNERS LP.
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 04 Dec 2023, 17:07.

Change

  • Previous filing in this sequence was filed on 19 Oct 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HEP transaction

Common Units

Disposed to Issuer

Transaction value
Shares
-21,000,000
Change %
-100%
Price
Shares after
0
Date
01 Dec 2023
Ownership
By REH Company
Footnotes
F1
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Holding Carol Orme is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

Pursuant to that certain Agreement and Plan of Merger, dated August 15, 2023, by and among the Issuer, HF Sinclair Corporation ("DINO") and the other parties thereto, the Issuer became an indirect, wholly owned subsidiary of DINO on December 1, 2023 upon the closing of the transactions contemplated therein (the "Closing"). Upon the Closing, each outstanding common unit representing a limited partner interest in the Issuer (each, a "Partnership Common Unit") was converted into the right to receive (a) 0.315 shares of common stock, par value $0.01 per share, of DINO, with cash paid in lieu of the issuance of fractional shares, if any, and (b) $4.00 in cash, without interest. As a result, REH Company (f/k/a The Sinclair Companies) and Mrs. Holding ceased to own any Partnership Common Units effective upon the Closing.

SEC remarks

Mark Petersen currently serves as REH's representative on the Issuer's board of directors, and therefore REH and Mrs. Holding each constitute a "director by deputization" of the Issuer.

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