UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-K/A
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2008
Commission File Number 1-32225
HOLLY ENERGY PARTNERS, L.P.
Formed under the laws of the State of Delaware
I.R.S. Employer Identification No. 20-0833098
100 Crescent Court, Suite 1600
Dallas, Texas 75201-6915
Telephone Number: (214) 871-3555
Securities registered pursuant to Section 12(b) of the Act:
Common Limited Partner Units
Securities registered pursuant to Section 12(g) of the Act:
None
Indicate by check mark whether the registrant is a well-known seasoned issuer, as defined in Rule
405 of the Securities Act. Yes o No þ
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or
Section 15(d) of the Act. Yes o No þ
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by
Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for
such shorter period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days.
Yes þ No o
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is
not contained herein, and will not be contained, to the best of registrant’s knowledge, in
definitive proxy or information statements incorporated by reference in part III of this Form 10-K
or any amendments to this Form 10-K. o
Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site,
if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T
during the preceding 12 months (or for such shorter period that the registrant was required to submit and post
such files). Yes o No o
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer,
a non-accelerated filer, or a smaller reporting company.
See the definitions of “large
accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):
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Accelerated filer þ
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Non-accelerated filer o
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Smaller reporting company o |
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(Do not check if a smaller reporting company) |
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Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the
Exchange Act). Yes o No þ
The aggregate market value of common limited partner units held by non-affiliates of the registrant
was approximately $352 million on June 30, 2008, based on the last sales price as quoted on the New
York Stock Exchange.
The number of the registrant’s outstanding common limited partners units at February 6, 2009 was
8,390,000.
DOCUMENTS INCORPORATED BY REFERENCE: None
PART III
Item 10. Directors, Executive Officers and Corporate Governance
Section 16(a) Beneficial Ownership Reporting Compliance
Section 16(a) of the Securities Exchange Act of 1934 requires directors, executive officers and
persons who beneficially own more than 10% of HEP’s units to file certain reports with the SEC and
New York Stock Exchange concerning their beneficial ownership of HEP’s equity securities. Based on
a review of these reports, other information available to us and written representations from
reporting persons indicating that no other reports were required, all such reports concerning
beneficial ownership were filed in a timely manner by reporting persons during the year ended
December 31, 2008, except for (1) two Form 4’s filed on January 9, 2008 related to sales of HEP
common units held by David G. Blair and Stephen J. McDonnell to satisfy tax withholding obligations
with respect to the vesting of certain restricted units on January 1, 2008, and (2) one Form 3 and
one Form 4 filed on April 8, 2009 for Scott C. Surplus, Controller and principal accounting officer
of HLS, filed late due to administrative oversight.
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