Filing Details
- Accession Number:
- 0001193125-23-288410
- Form Type:
- 13D Filing
- Publication Date:
- 2023-12-03 19:00:00
- Filed By:
- Hf Sinclair Corp
- Company:
- Holly Energy Partners Lp (NYSE:HEP)
- Filing Date:
- 2023-12-04
- SEC Url:
- 13D Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
HF Sinclair Corporation 87 | 0 | 59,630,030 | 0 | 59,630,030 | (3) 100% | |
HollyFrontier Corporation 75-1056913 | 0 | 59,630,030 | 0 | 59,630,030 | (3) 100% | |
HollyFrontier Holdings | 0 | 0 | 0 | 0 | (2) 0.00% | |
Navajo Holdings, Inc. 85-0 | 0 | 58,865,230 | 0 | 59,630,030 | (3) 100% | |
Navajo Pipeline GP | 0 | 21,615,230 | 0 | 59,630,030 | (3) 100% | |
Navajo Pipeline | 0 | 37,250,000 | 0 | 59,630,030 | (3) 100% | |
Navajo Pipeline Co. | 0 | 0 | 0 | 59,630,030 | (3) 100% | |
Holly Logistic Services | 0 | 0 | 0 | 58,865,230 | (3) 98.7% | |
Holly Logistics Limited | 0 | 0 | 21,615,230 | (2) 36.2% | ||
HEP Logistics Holdings | 0 | 0 | 37,250,000 | (2) 62.5% | ||
( | 0 | 0 | 0 | (3) 0.00% | ||
( | 0 | 0 | 0 | (3) 0.00% |
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 15)
Holly Energy Partners, L.P.
(Name of Issuer)
Common Units
(Title of Class of Securities)
435763 10 7
(CUSIP Number)
Atanas H. Atanasov
Executive Vice President and Chief Financial Officer
HF Sinclair Corporation
2828 N. Harwood St., Suite 1300
Dallas, Texas 75201
Tel: (214) 871-3555
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
December 1, 2023
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box: ☐
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
Common Unit CUSIP No. 435763 10 7
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
HF Sinclair Corporation 87-2092143 | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 Common Units | ||||
8 | SHARED VOTING POWER
59,630,030 Common Units | |||||
9 | SOLE DISPOSITIVE POWER
0 Common Units | |||||
10 | SHARED DISPOSITIVE POWER
59,630,030 Common Units |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)(2)
59,630,030 Common Units | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (3)
100% of Common Units | |||||
14 | TYPE OF REPORTING PERSON
CO corporation |
(1) | All unit amounts have been adjusted to reflect a two-for-one unit split that occurred on January 16, 2013. |
(2) | Certain indirect wholly owned subsidiaries of HF Sinclair Corporation, including Navajo Pipeline Co., L.P., HEP Logistics Holdings, L.P. and Holly Logistics Limited LLC, are the record owners of 59,630,030 of these Common Units. |
(3) | Calculation is based on 59,630,030 Common Units outstanding as of December 1, 2023, the closing date of the Merger (as defined below) (the Merger Closing Date), as provided by the Issuer. |
2
Common Unit CUSIP No. 435763 10 7
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
HollyFrontier Corporation 75-1056913 | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 Common Units | ||||
8 | SHARED VOTING POWER
59,630,030 Common Units | |||||
9 | SOLE DISPOSITIVE POWER
0 Common Units | |||||
10 | SHARED DISPOSITIVE POWER
59,630,030 Common Units |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)(2)
59,630,030 Common Units | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (3)
100% of Common Units | |||||
14 | TYPE OF REPORTING PERSON
CO corporation |
(1) | All unit amounts have been adjusted to reflect a two-for-one unit split that occurred on January 16, 2013. |
(2) | Certain indirect wholly owned subsidiaries of HollyFrontier Corporation, including Navajo Pipeline Co., L.P., HEP Logistics Holdings, L.P. and Holly Logistics Limited LLC, are the record owners of 59,630,030 of these Common Units. |
(3) | Calculation is based on 59,630,030 Common Units outstanding as of the Merger Closing Date. |
3
Common Unit CUSIP No. 435763 10 7
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
HollyFrontier Holdings LLC 90-0868306 | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 Common Units | ||||
8 | SHARED VOTING POWER
0 Common Units | |||||
9 | SOLE DISPOSITIVE POWER
0 Common Units | |||||
10 | SHARED DISPOSITIVE POWER
0 Common Units |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)
0 Common Units | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (2)
0.00% of Common Units | |||||
14 | TYPE OF REPORTING PERSON
OO limited liability company |
(1) | All unit amounts have been adjusted to reflect a two-for-one unit split that occurred on January 16, 2013. |
(2) | Calculation is based on 59,630,030 Common Units outstanding as of the Merger Closing Date. |
4
Common Unit CUSIP No. 435763 10 7
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Navajo Holdings, Inc. 85-0284908 | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO (see Item 3) | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
New Mexico, United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 Common Units | ||||
8 | SHARED VOTING POWER (3)
59,630,030 Common Units | |||||
9 | SOLE DISPOSITIVE POWER
0 Common Units | |||||
10 | SHARED DISPOSITIVE POWER
59,630,030 Common Units |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)(2)
59,630,030 Common Units | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (3)
100% of Common Units | |||||
14 | TYPE OF REPORTING PERSON
CO corporation |
(1) | All unit amounts have been adjusted to reflect a two-for-one unit split that occurred on January 16, 2013. |
(2) | Navajo Pipeline Co., L.P., HEP Logistics Holdings, L.P. and Holly Logistics Limited LLC are the record owners of 59,630,030 of these Common Units. |
(3) | Calculation is based on 59,630,030 Common Units outstanding as of the Merger Closing Date. |
5
Common Unit CUSIP No. 435763 10 7
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Navajo Pipeline GP, L.L.C. 52-2364943 | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO (see Item 3) | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 Common Units | ||||
8 | SHARED VOTING POWER (3)
59,630,030 Common Units | |||||
9 | SOLE DISPOSITIVE POWER
0 Common Units | |||||
10 | SHARED DISPOSITIVE POWER
59,630,030 Common Units |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)(2)
59,630,030 Common Units | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (3)
100% of Common Units | |||||
14 | TYPE OF REPORTING PERSON
OO limited liability company |
(1) | All unit amounts have been adjusted to reflect a two-for-one unit split that occurred on January 16, 2013. |
(2) | Navajo Pipeline Co., L.P., HEP Logistics Holdings, L.P. and Holly Logistics Limited LLC are the record owners of 59,630,030 of these Common Units. |
(3) | Calculation is based on 59,630,030 Common Units outstanding as of the Merger Closing Date. |
6
Common Unit CUSIP No. 435763 10 7
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Navajo Pipeline LP, L.L.C. 85-0484420 | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO (see Item 3) | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 Common Units | ||||
8 | SHARED VOTING POWER (3)
59,630,030 Common Units | |||||
9 | SOLE DISPOSITIVE POWER
0 Common Units | |||||
10 | SHARED DISPOSITIVE POWER
59,630,030 Common Units |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)(2)
59,630,030 Common Units | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (3)
100% of Common Units | |||||
14 | TYPE OF REPORTING PERSON
OO limited liability company |
(1) | All unit amounts have been adjusted to reflect a two-for-one unit split that occurred on January 16, 2013. |
(2) | Navajo Pipeline Co., L.P., HEP Logistics Holdings, L.P. and Holly Logistics Limited LLC are the record owners of 59,630,030 of these Common Units. |
(3) | Calculation is based on 59,630,030 Common Units outstanding as of the Merger Closing Date. |
7
Common Unit CUSIP No. 435763 10 7
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Navajo Pipeline Co., L.P. 75-1611333 | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO (see Item 3) | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 Common Units | ||||
8 | SHARED VOTING POWER (3)
59,630,030 Common Units | |||||
9 | SOLE DISPOSITIVE POWER
0 Common Units | |||||
10 | SHARED DISPOSITIVE POWER
59,630,030 Common Units |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)(2)(3)
59,630,030 Common Units | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (3)
100% of Common Units | |||||
14 | TYPE OF REPORTING PERSON
PN partnership |
(1) | All unit amounts have been adjusted to reflect a two-for-one unit split that occurred on January 16, 2013. |
(2) | Holly Logistics Limited LLC and HEP Logistics Holdings, L.P. are the record owners of 58,865,230 of these Common Units. |
(3) | Calculation is based on 59,630,030 Common Units outstanding as of the Merger Closing Date. |
8
Common Unit CUSIP No. 435763 10 7
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Holly Logistic Services, L.L.C. 05-0593172 | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO (see Item 3) | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 Common Units | ||||
8 | SHARED VOTING POWER
58,865,230 Common Units | |||||
9 | SOLE DISPOSITIVE POWER
0 Common Units | |||||
10 | SHARED DISPOSITIVE POWER
58,865,230 Common Units |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)(2)
58,865,230 Common Units | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (3)
98.7% of Common Units | |||||
14 | TYPE OF REPORTING PERSON
OO limited liability company |
(1) | All unit amounts have been adjusted to reflect a two-for-one unit split that occurred on January 16, 2013. |
(2) | Holly Logistics Limited LLC and HEP Logistics Holdings, L.P. are the record owners of these Common Units. |
(3) | Calculation is based on 59,630,030 Common Units outstanding as of the Merger Closing Date. |
9
Common Unit CUSIP No. 435763 10 7
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
Holly Logistics Limited LLC 27-4289116 | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO (see Item 3) | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 Common Units | ||||
8 | SHARED VOTING POWER
21,615,230 Common Units | |||||
9 | SOLE DISPOSITIVE POWER
0 Common Units | |||||
10 | SHARED DISPOSITIVE POWER
21,615,230 Common Units |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)
21,615,230 Common Units | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (2)
36.2% of Common Units | |||||
14 | TYPE OF REPORTING PERSON
OO limited liability company |
(1) | All unit amounts have been adjusted to reflect a two-for-one unit split that occurred on January 16, 2013. |
(2) | Calculation is based on 59,630,030 Common Units outstanding as of the Merger Closing Date. |
10
Common Unit CUSIP No. 435763 10 7
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS
HEP Logistics Holdings, L.P. 20-0833056 | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO (see Item 3) | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 Common Units | ||||
8 | SHARED VOTING POWER
37,250,000 Common Units | |||||
9 | SOLE DISPOSITIVE POWER
0 Common Units | |||||
10 | SHARED DISPOSITIVE POWER
37,250,000 Common Units |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)
37,250,000 Common Units | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (2)
62.5% of Common Units | |||||
14 | TYPE OF REPORTING PERSON
PN partnership |
(1) | All unit amounts have been adjusted to reflect a two-for-one unit split that occurred on January 16, 2013. |
(2) | Calculation is based on 59,630,030 Common Units outstanding as of the Merger Closing Date. |
11
Common Unit CUSIP No. 435763 10 7
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (2)
HF Sinclair Navajo Refining LLC 85-0301920 | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO (see Item 3) | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 Common Units | ||||
8 | SHARED VOTING POWER
0 Common Units | |||||
9 | SOLE DISPOSITIVE POWER
0 Common Units | |||||
10 | SHARED DISPOSITIVE POWER
0 Common Units |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)
0 Common Units | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (3)
0.00% of Common Units | |||||
14 | TYPE OF REPORTING PERSON
OO limited liability company |
(1) | All unit amounts have been adjusted to reflect a two-for-one unit split that occurred on January 16, 2013. |
(2) | Formerly named HollyFrontier Navajo Refining LLC. |
(3) | Calculation is based on 59,630,030 Common Units outstanding as of the Merger Closing Date. |
12
Common Unit CUSIP No. 435763 10 7
1 | NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (2)
HF Sinclair Woods Cross Refining LLC 61-1443519 | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☐
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO (see Item 3) | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 Common Units | ||||
8 | SHARED VOTING POWER
0 Common Units | |||||
9 | SOLE DISPOSITIVE POWER
0 Common Units | |||||
10 | SHARED DISPOSITIVE POWER
0 Common Units |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON (1)
0 Common Units | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☐ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) (3)
0.00% of Common Units | |||||
14 | TYPE OF REPORTING PERSON
OO limited liability company |
(1) | All unit amounts have been adjusted to reflect a two-for-one unit split that occurred on January 16, 2013. |
(2) | Formerly named HollyFrontier Woods Cross Refining LLC. |
(3) | Calculation is based on 59,630,030 Common Units outstanding as of the Merger Closing Date. |
13
Common Unit CUSIP No. 435763 10 7
AMENDMENT NO. 15 TO SCHEDULE 13D
This Amendment No. 15 to Schedule 13D (this Amendment) relates to the common units representing limited partner interests (the Common Units) of Holly Energy Partners, L.P., a Delaware limited partnership (the Issuer), and amends the Schedule 13D filed with the Securities and Exchange Commission on August 28, 2009, as amended by the Amendment No. 1 thereto filed on January 14, 2011, by HollyFrontier Corporation (formerly named Holly Corporation) (HollyFrontier), Navajo Holdings, Inc. (Navajo Holdings), Navajo Pipeline GP, L.L.C. (Navajo Pipeline GP), Navajo Pipeline LP, L.L.C. (Navajo Pipeline LP), Navajo Pipeline Co., L.P. (Navajo), Holly Logistic Services, L.L.C. (HLS), Holly Logistics Limited LLC (HLL) and HEP Logistics Holdings, L.P. (HEP GP, and together with HollyFrontier, Navajo Holdings, Navajo Pipeline GP, Navajo Pipeline LP, Navajo, HLS and HLL, the Initial Filing Persons), as further amended by the Amendment No. 2 thereto filed on February 25, 2011, by the Initial Filing Persons (other than HEP GP), as further amended by the Amendment No. 3 thereto filed on December 21, 2011, by the Initial Filing Persons (other than HEP GP), as further amended by the Amendment No. 4 thereto filed on August 6, 2012, by the Initial Filing Persons (other than HEP GP), HollyFrontier Holdings LLC (Holdings), HF Sinclair Navajo Refining LLC (formerly named HollyFrontier Navajo Refining LLC) (NRC) and HF Sinclair Woods Cross Refining LLC (formerly named HollyFrontier Woods Cross Refining LLC) (HFWC and, together with HF Sinclair Corporation (HF Sinclair), Holdings, NRC and the Initial Filing Persons, the Reporting Persons), as further amended by Amendment No. 5 thereto filed on March 22, 2013, by the Reporting Persons (other than HEP GP and HF Sinclair), as further amended by Amendment No. 6 thereto filed on October 11, 2016, by the Reporting Persons (other than HEP GP and HF Sinclair), as further amended by Amendment No. 7 thereto filed on May 5, 2017, by the Reporting Persons (other than HEP GP and HF Sinclair), as further amended by Amendment No. 8 thereto filed on October 20, 2017, by the Reporting Persons (other than HEP GP and HF Sinclair), as further amended by Amendment No. 9 thereto filed on November 1, 2017, by the Reporting Persons (other than HF Sinclair) as further amended by Amendment No. 10 thereto filed on February 23, 2018, by the Reporting Persons (other than HF Sinclair), as further amended by Amendment No. 11 thereto filed on August 12, 2021 by the Reporting Persons (other than HF Sinclair), as further amended by Amendment No. 12 thereto filed on March 17, 2022 by the Reporting Persons, as further amended by Amendment No. 13 thereto filed on May 4, 2023 by the Reporting Persons, and as further amended by Amendment 14 thereto filed on August 16, 2023 by the Reporting Persons.
Except as otherwise specified in this Amendment, all items left blank remain unchanged in all material respects and any items which are reported are deemed to amend and restate the corresponding items in the Schedule 13D. Capitalized terms used herein but not defined herein have the respective meanings ascribed to them in the Schedule 13D.
Item 2. | Identity and Background |
Item 2 of the Schedule 13D is hereby amended and supplemented by adding the following:
As a result of the Merger (as defined below), the executive officers and directors of the Reporting Persons ceased to beneficially own any Common Units and, as a result, the number under the headings Common Units Beneficially Owned and Percent of Common Units Beneficially Owned under each such persons name previously disclosed in Item 2 of the Schedule 13D is zero (0), following the consummation of, and as a result of, the Merger and related internal contributions, no such person listed in Item 2 of the Schedule 13D is the beneficial owner of Common Units.
Pursuant to Instruction C to Schedule 13D of the Act, updated information regarding the directors and executive officers of certain of the Reporting Persons are as follows:
Common Unit CUSIP No. 435763 10 7
HF Sinclair Corporation
Name | Position | Principal Occupation/Business | ||
Timothy Go | Chief Executive Officer and President, and Director | Executive Officer of HF Sinclair, HLS and certain of their subsidiaries | ||
Atanas H. Atanasov | Executive Vice President and Chief Financial Officer | Executive Officer of HF Sinclair, HLS and certain of their subsidiaries | ||
Vaishali S. Bhatia | Executive Vice President, General Counsel and Secretary | Executive Officer of HF Sinclair, HLS and certain of their subsidiaries | ||
Valerie Pompa | Executive Vice President, Operations | Executive Officer of HF Sinclair and certain of its subsidiaries | ||
Steven Ledbetter | Executive Vice President, Commercial | Executive Officer of HF Sinclair and certain of its subsidiaries | ||
Franklin Myers | Chairperson of the Board | Senior Advisor of Quantum Energy Partners | ||
Anne-Marie N. Ainsworth | Director | Former President and Chief Executive Officer of the general partner of Oiltanking Partners, L.P. and of Oiltanking Holding Americas, Inc. | ||
Anna C. Catalano | Director | Former Group Vice President, Marketing, for BP plc | ||
Leldon E. Echols | Director | Former Executive Vice President and Chief Financial Officer of Centex Corporation | ||
Manuel J. Fernandez | Director | Former Managing Partner of KPMG LLPs Dallas office | ||
Rhoman J. Hardy | Director | Former Senior Vice President, Shell Chemicals and Products, U.S. Gulf Coast, Shell USA, Inc. | ||
R. Craig Knocke | Director | Director of Turtle Creek Trust Company, Chief Investment Manager and Portfolio Manager of Turtle Creek Management, LLC, Principal and a non-controlling manager and member of TCTC Holdings, LLC | ||
Robert J. Kostelnik | Director | Principal at Glenrock Recovery Partners, LLC |
Common Unit CUSIP No. 435763 10 7
Name | Position | Principal Occupation/Business | ||
James H. Lee | Director | Managing General Partner and Principal Owner of Lee, Hite & Wisda Ltd. | ||
Ross B. Matthews | Director | Chief Operating Officer of REH Company (formerly known as The Sinclair Companies) | ||
Norman Szydlowski | Director | Former President, Chief Executive Officer and Director of SemGroup Corporation |
HLS
Name | Position | Principal Occupation/Business | ||
Timothy Go | Chief Executive Officer and President, and Director | Executive Officer of HF Sinclair, HLS and certain of their subsidiaries | ||
Atanas H. Atanasov | Executive Vice President and Chief Financial Officer, and Director | Executive Officer of HF Sinclair, HLS and certain of their subsidiaries | ||
Vaishali S. Bhatia | Executive Vice President, General Counsel & Secretary, and Director | Executive Officer of HF Sinclair, HLS and certain of their subsidiaries |
Item 3. | Source and Amount of Funds or Other Consideration |
Item 3 of the Schedule 13D is hereby amended and supplemented as follows:
The information provided in Item 4 below is incorporated by reference into this Item 3. Pursuant to the Merger Agreement described in Item 4 below, the cash consideration for the Merger was funded entirely from cash on hand. The Merger was not subject to any financing condition.
Item 4. | Purpose of Transaction |
Item 4 of the Schedule 13D is hereby amended by adding the following paragraphs:
On December 1, 2023, pursuant to the terms and conditions of the Merger Agreement, Merger Sub merged with and into the Issuer, with the Issuer surviving as a subsidiary of HF Sinclair, owned 100% by HF Sinclair.
Under the terms of the Merger Agreement, at the effective time of the Merger, each outstanding Common Unit other than Common Units owned by HF Sinclair and its subsidiaries, were cancelled and converted into the right to receive (a) 0.3150 shares of common stock, par value $0.01 per share, of HF Sinclair and (b) $4.00 in cash per Common Unit, without interest. As a result of the Merger, the Reporting Persons own all of the outstanding Common Units.
The foregoing description of the Merger Agreement and the transactions contemplated thereby does not purport to be complete and is qualified in its entirety by reference to the full text of the Merger Agreement, a copy of which was filed as Exhibit 99.4 to Amendment No. 14 and is incorporated by reference in its entirety into this Item 4.
Common Unit CUSIP No. 435763 10 7
Following the completion of the transactions contemplated by the Merger Agreement, the Common Units ceased to be listed on the New York Stock Exchange and will be deregistered under the Securities Exchange Act of 1934, as amended.
Item 5. | Interest in Securities of the Issuer |
Sub-Items (a), (b) and (c) of Item 5 of the Schedule 13D are hereby amended and supplemented as follows:
(a, b) The information contained on the cover pages of this Amendment No. 15 is incorporated herein by reference. Ownership percentages set forth in this Amendment No. 15 are based on a total of 59,630,030 Common Units outstanding as of December 1, 2023. As of the date hereof, the Reporting Persons beneficially own 100% of the total outstanding Common Units. Because the registration of the Common Units will be terminated, Common Units held by Navajo, HLL and HEP GP will no longer be subject to reporting under Section 13(d) of the Exchange Act. Consequently, this Amendment No. 15 constitutes an exit filing for the Reporting Persons.
(c) | None of the Reporting Persons, or to the Reporting Persons knowledge, the Listed Persons has effected third-party transactions in the Common Units in the past 60 days. In connection with the Merger, certain wholly owned, indirect subsidiaries of HF Sinclair contributed their Common Units held by them to Navajo Pipeline for no consideration. |
Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
Item 6 is hereby supplemented by adding the following at the end thereof:
The information in Item 4 of this Amendment is incorporated in this Item 6 by reference.
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
December 4, 2023 | HF SINCLAIR CORPORATION | |||||
By: | /s/ Atanas H. Atanasov | |||||
Name: | Atanas H. Atanasov | |||||
Title: | Executive Vice President and Chief Financial Officer |
SIGNATURE PAGE TO SCHEDULE 13D
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
December 4, 2023 | HOLLYFRONTIER CORPORATION | |||||
By: | /s/ Atanas H. Atanasov | |||||
Name: | Atanas H. Atanasov | |||||
Title: | Executive Vice President and Chief Financial Officer |
SIGNATURE PAGE TO SCHEDULE 13D
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
December 4, 2023 | HOLLYFRONTIER HOLDINGS LLC | |||||
By: | /s/ Atanas H. Atanasov | |||||
Name: | Atanas H. Atanasov | |||||
Title: | Executive Vice President and Chief Financial Officer |
SIGNATURE PAGE TO SCHEDULE 13D
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
December 4, 2023 | NAVAJO HOLDINGS, INC. | |||||
By: | /s/ Atanas H. Atanasov | |||||
Name: | Atanas H. Atanasov | |||||
Title: | Executive Vice President and Chief Financial Officer |
SIGNATURE PAGE TO SCHEDULE 13D
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
December 4, 2023 | NAVAJO PIPELINE GP, L.L.C. | |||||
By: | /s/ Atanas H. Atanasov | |||||
Name: | Atanas H. Atanasov | |||||
Title: | Executive Vice President and Chief Financial Officer |
SIGNATURE PAGE TO SCHEDULE 13D
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
December 4, 2023 | NAVAJO PIPELINE LP, L.L.C. | |||||
By: | /s/ Atanas H. Atanasov | |||||
Name: | Atanas H. Atanasov | |||||
Title: | Executive Vice President and Chief Financial Officer |
SIGNATURE PAGE TO SCHEDULE 13D
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
December 4, 2023 | NAVAJO PIPELINE CO., L.P. | |||||
By: | /s/ Atanas H. Atanasov | |||||
Name: | Atanas H. Atanasov | |||||
Title: | Executive Vice President and Chief Financial Officer |
SIGNATURE PAGE TO SCHEDULE 13D
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
December 4, 2023 | HOLLY LOGISTIC SERVICES, L.L.C. | |||||
By: | /s/ Atanas H. Atanasov | |||||
Name: | Atanas H. Atanasov | |||||
Title: | Executive Vice President and Chief Financial Officer |
SIGNATURE PAGE TO SCHEDULE 13D
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
December 4, 2023 | HOLLY LOGISTICS LIMITED LLC | |||||
By: | Holly Logistic Services, L.L.C., Its sole member | |||||
By: | /s/ Atanas H. Atanasov | |||||
Name: | Atanas H. Atanasov | |||||
Title: | Executive Vice President and Chief Financial Officer |
SIGNATURE PAGE TO SCHEDULE 13D
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
December 4, 2023 | HF SINCLAIR NAVAJO REFINING LLC | |||||
By: | /s/ Atanas H. Atanasov | |||||
Name: | Atanas H. Atanasov | |||||
Title: | Executive Vice President and Chief Financial Officer |
SIGNATURE PAGE TO SCHEDULE 13D
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
December 4, 2023 | HEP LOGISTICS HOLDINGS, L.P. | |||||
By: | Holly Logistic Services, L.L.C., Its general partner | |||||
By: | /s/ Atanas H. Atanasov | |||||
Name: | Atanas H. Atanasov | |||||
Title: | Executive Vice President and Chief Financial Officer |
SIGNATURE PAGE TO SCHEDULE 13D
Signature
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
December 4, 2023 | HF SINCLAIR WOODS CROSS REFINING LLC | |||||
By: | /s/ Atanas H. Atanasov | |||||
Name: | Atanas H. Atanasov | |||||
Title: | Executive Vice President and Chief Financial Officer |
SIGNATURE PAGE TO SCHEDULE 13D