X0306 4 2013-03-01 0 0001283140 HOLLY ENERGY PARTNERS LP HEP 0001482298 Cunningham Mark T. 2828 N. HARWOOD SUITE 1300 DALLAS TX 75201 0 1 0 0 Sr Vice President, Operations Common Units 2013-03-01 4 A 0 5049 0.00 A 31371 D Common Units 2013-03-01 4 S 0 5194 40.7478 D 26177 D Restricted Units granted under the Holly Energy Partners, L.P. Long-Term Incentive Plan. The reporting person's ownership was adjusted to reflect the 2-for-1 unit split of Holly Energy Partners, L.P. common units, which occurred on January 16, 2013. The price reported is the weighted average sale price for the 5194 units sold. The sale prices ranged from a low of $40.69 per unit to a high of $40.75 per unit. The reporting person undertakes to provide to Holly Energy Partners, L.P., any security holder of Holly Energy Partners, L.P., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of units sold at each separate price within the range set forth in this footnote. Mr. Cunningham is Senior Vice President, Operations 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 the Issuer. Walter W. Zimmerman, Attorney in Fact 2013-03-05