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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 4, 2005
 
HOLLY ENERGY PARTNERS, L.P.
(Exact name of Registrant as specified in its charter)
         
Delaware
(State or other
jurisdiction of incorporation)
  001-32225
(Commission File Number)
  20-0833098
(I.R.S. Employer
Identification Number)
         
100 Crescent Court,
Suite 1600
Dallas, Texas

(Address of principal
executive offices)
      75201-6927
(Zip code)
Registrant’s telephone number, including area code: (214) 871-3555
Not applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 


 

Item 1.01. Entry into a Material Definitive Agreement
     Pursuant to the Holly Energy Partners, L.P. Long-Term Incentive Plan, Holly Logistic Services, L.L.C. from time to time grants restricted units and performance units to certain of its employees, including executive officers.
     Forms of agreements for grants of restricted units and performance units to employees including executive officers are attached as Exhibits to this Form 8-K.
Item 9.01. Financial Statements and Exhibits
(c)           Exhibits.
10.1 — Form of Restricted Unit Agreement (with Performance Vesting).*
10.2 — Form of Restricted Unit Agreement (without Performance Vesting).*
10.3 — Form of Performance Unit Agreement. *
 
* Filed herewith.
SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
                 
    HOLLY ENERGY PARTNERS, L.P.
 
               
    By:   HEP Logistics Holdings, L.P.
        its General Partner
 
               
        By:   Holly Logistic Services, L.L.C.
            its General Partner
 
               
 
          By:   /s/ Stephen J. McDonnell
 
               
 
              Stephen J. McDonnell
Vice President & Chief
Financial Officer
Date: August 4, 2005

 


 

EXHIBIT INDEX
     
Exhibit    
Number   Exhibit Title
10.1     —
  Form of Restricted Unit Agreement (with Performance Vesting).
10.2     —
  Form of Restricted Unit Agreement (without Performance Vesting).
10.3     —
  Form of Performance Unit Agreement.