Sanders William D 4
4 · Western Refining, Inc. · Filed Dec 29, 2011
Insider Transaction Report
Form 4
Sanders William D
Director
Transactions
- Award
Restricted Share Units
2011-12-27+1,361→ 11,581 total→ Common Stock (1,361 underlying)
Footnotes (2)
- [F1]Each restricted share unit represents a contingent right to receive one share of WNR common stock.
- [F2]The restricted share units vest on the fourth business day prior to the end of December 2012. Vested shares, or the value thereof, will be delivered to the reporting person on or promptly following the vesting date applicable thereto, but not later than December 31 of the year in which such vesting date occurs.