WESTERN GAS RESOURCES INC 4
4 · WESTERN GAS RESOURCES INC · Filed Aug 31, 2005
Insider Transaction Report
Form 4
JONES J BURTON
VP-Business Development
Transactions
- Exercise/Conversion
Common Stock
2005-08-30$16.48/sh+6,733$110,926→ 16,733 total - Exercise/Conversion
Stock Option (Right to Buy)
2005-08-30−6,733→ 6,667 totalExercise: $16.48From: 2003-10-23Exp: 2010-10-23→ Common Stock (6,733 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2005-08-30−10,000→ 10,000 totalExercise: $18.17From: 2002-06-25Exp: 2009-05-21→ Common Stock (10,000 underlying) - Exercise/Conversion
Common Stock
2005-08-30$19.02/sh+8,666$164,784→ 25,399 total - Sale
Common Stock
2005-08-30$45.88/sh−25,399$1,165,238→ 0 total - Exercise/Conversion
Stock Option (Right to Buy)
2005-08-30−8,666→ 17,334 totalExercise: $19.02From: 2004-09-22Exp: 2013-09-22→ Common Stock (8,666 underlying) - Exercise/Conversion
Common Stock
2005-08-30$18.17/sh+10,000$181,700→ 10,000 total
Footnotes (3)
- [F1]On June 25, 2001, Reporting Person was granted options to purchase 50,000 shares of Western Gas Resources, Inc. common stock. Options vest in 20% annual increments commencing on the first anniversary of the grant date and expire on the earlier of five years from vesting or on May 21, 2009.
- [F2]On October 23, 2002, Reporting Person was granted options to purchase 20,000 shares of Western Gas Resources, Inc. common stock. Options vest in 1/3 annual increments commencing on the first anniversary of the grant date and expire on the earlier of five years from vesting or on October 23, 2010.
- [F3]On September 22, 2003, Reporting Person was granted options to purchase 26,000 shares of Western Gas Resources, Inc. common stock. Options vest in 1/3 annual increments commencing on the first anniversary of the grant date and expire on the earlier of (i)five years from vesting or (ii) ten years after the grant date.