JEFFRIES BRIAN 4
4 · WESTERN GAS RESOURCES INC · Filed Aug 13, 2004
Insider Transaction Report
Form 4
JEFFRIES BRIAN
Vice President-Marketing
Transactions
- Exercise/Conversion
Common Stock
2004-08-11$16.48/sh+6,666$109,822→ 16,816 total - Sale
Common Stock
2004-08-11$28.42/sh−46,666$1,326,108→ 150 total - Exercise/Conversion
Common Stock
2004-08-11$2.75/sh+10,000$27,550→ 10,150 total - Exercise/Conversion
Stock Options (Right to Buy)
2004-08-11−6,666→ 13,334 totalExercise: $16.48From: 2003-10-23Exp: 2010-10-23→ Common Stock (6,666 underlying) - Exercise/Conversion
Stock Options (Right to Buy)
2004-08-11−10,000→ 0 totalExercise: $2.75From: 2000-03-12Exp: 2005-03-12→ Common Stock (10,000 underlying) - Exercise/Conversion
Stock Options (Right to Buy)
2004-08-11−30,000→ 20,000 totalExercise: $18.17From: 2002-06-25Exp: 2007-06-25→ Common Stock (30,000 underlying) - Exercise/Conversion
Common Stock
2004-08-11$18.17/sh+30,000$545,100→ 46,816 total
Footnotes (3)
- [F1]On March 12, 1999, Reporting Person granted options to purchase 30,000 shares of common stock of Western Gas Resources, Inc. at a price of $5.51 per share. Options vest in 1/3 annual increments commencing on March 12, 2000 and expire on the earlier of five years from the date of vesting or ten years from the date of grant. At the time of the 2:1 stock split, Reporting Person held 10,000 remaining options, which following the stock split converted to 20,000 options at an exercise price of $2.755.
- [F2]On October 23, 2002, Reporting Person was granted options to purchase 10,000 shares of common stock of Western Gas Resources, Inc. at a price of $32.95 per share. Options vest in 1/3 annual increments commencing on October 23, 2003 and expire on the earlier of five years from the date of vesting or ten years from the date of grant. Following the time of the 2:1 stock split, Reporting Person held 20,000 options at an exercise price of $16.475.
- [F3]On June 25, 2001, Reporting Person was granted options to purchase 25,000 shares of common stock of Western Gas Resources, Inc. at a price of $36.34 per share. Options vest in 20% annual increments commencing on June 25, 2002 and expire on the earlier of five years from the date of vesting or ten years from the date of grant. Following the time of the 2:1 stock split, Reporting Person held 50,000 options at an exercise price of $18.17.