UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

HOLLY CORPORATION

(Exact name of registrant as specified in its charter)

Delaware		001-03876		75-1056913
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification Number)

100 Crescent Court, Suite 1600 Dallas, Texas (Address of principal executive offices)		75201-6915 (Zip code)

Registrant’s telephone number, including area code: (214) 871-3555

Not applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

     At the Annual Meeting of Stockholders of Holly Corporation (the “Company”) held on May 5, 2010 (the “Annual Meeting”), the Company’s stockholders elected Buford P. Berry, Matthew P. Clifton, Leldon E. Echols, Robert G. McKenzie, Jack P. Reid, Paul T. Stoffel and Tommy A. Valenta as directors of the Company for the ensuing year. Marcus R. Hickerson and Thomas K. Matthews, II were not nominated for re-election to the Company’s Board of Directors and, therefore, no longer serve as directors following the election on May 5, 2010. Messrs. Hickerson and Matthews retired after 50 years of service and 32 years of service, respectively, on the Company’s board of directors. The Company appreciates their invaluable contributions.

Item 5.07 Submission of Matters to a Vote of Security Holders.

     At the Annual Meeting, the shareholders elected each of the Company’s nominees for director to serve until the expiration of his term at the Annual Meeting of Stockholders in 2011 and until his successor is elected and qualified or until his earlier death, resignation or removal from office. The Company’s stockholders also ratified the Audit Committee’s appointment of Ernst & Young LLP, an independent registered public accounting firm, to be the Company’s auditor for the fiscal year ending December 31, 2010. The table below shows the final voting results:

Election of Directors:

						Votes
Director		Votes For				Withheld				Abstentions				Broker Non-Votes
Buford P. Berry			43,017,671				154,324				0				3,514,598
Matthew P. Clifton			42,592,585				579,410				0				3,514,598
Leldon E. Echols			43,031,591				140,404				0				3,514,598
Robert G. McKenzie			42,704,712				467,283				0				3,514,598
Jack P. Reid			42,749,685				422,310				0				3,514,598
Paul T. Stoffel			42,921,224				250,771				0				3,514,598
Tommy A. Valenta			43,029,742				142,253				0				3,514,598

Ratification of Appointment of Auditor:

Votes For		Votes Against		Abstentions		Broker Non-Votes
46,007,431		664,236		14,926		0

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: May 10, 2010