Berry Buford P 4
4 · HOLLY CORP · Filed May 7, 2010
Insider Transaction Report
Form 4
HOLLY CORPHOC
Berry Buford P
Director
Transactions
- Award
Common Stock
2010-05-05+4,523→ 20,144 total
Footnotes (1)
- [F1]Restricted stock units granted under the Holly Corporation Long-Term Incentive Compensation Plan which are subject to restrictions that will lapse in 25% increments every three months, provided the reporting person has continued serving as a member of the company's board of directors (the "Board") until the end of such 3-month period, until fully vested one year following the date of grant and which will be paid in the month following the reporting person's cessation of service as a member of the Board for any reason or, if earlier, on the third anniversary of the transaction date of this report (the date of grant), in the form of a lump sum payment in shares of the company's stock equal to the number of vested restricted stock units that were awarded.