X0306 4 2020-10-29 0 0001283140 HOLLY ENERGY PARTNERS LP HEP 0001657256 Voliva Richard Lawrence III 2828 N. HARWOOD, SUITE 1300 DALLAS TX 75201 0 1 0 0 President Common Units 2020-10-29 4 A 0 54531 0.00 A 61347 D Phantom Units granted under the Holly Energy Partners, L.P. Long-Term Incentive Plan. The Phantom Units vest in three equal annual installments beginning December 1, 2021, provided that the reporting person remains in the employ of the Issuer from the grant date through each 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. Mr. Voliva is the President 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. Stacey Foland, Attorney-in-Fact 2020-10-30