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4//SEC Filing

Western Refining, Inc. 4

Accession 0001209191-15-057315

CIK 0001339048operating

Filed

Jun 28, 8:00 PM ET

Accepted

Jun 29, 8:23 PM ET

Size

6.4 KB

Accession

0001209191-15-057315

Insider Transaction Report

Form 4
Period: 2015-06-25
Transactions
  • Award

    Restricted Share Units

    2015-06-25+3,4246,697 total
    Common Stock (3,424 underlying)
Footnotes (3)
  • [F1]Each restricted share unit ("RSU") represents a contingent right to receive one share of WNR common stock or, at the election of the Compensation Committee of WNR's Board of Directors, the cash value thereof. The RSUs were issued as compensation for services as a director.
  • [F2]The RSUs are scheduled to vest on June 27, 2016. Due to a deferral election made by the reporting person, the vested shares underlying the RSUs, or the value thereof, will be delivered to the reporting person on or promptly following the date on which the reporting person ceases to be a director of WNR, or on an earlier date as may be provided under the terms of the deferral.
  • [F3]This number of derivative securities, awarded as compensation for services as a director, includes (a) 3,424 RSUs which are scheduled to vest on June 27, 2016, and (b) 3,273 RSUs which are scheduled to vest on October 27, 2015, each of which are subject to a deferral election made by the reporting person. Vested shares underlying such RSUs, or the value thereof, will be delivered to the reporting person on or promptly following the date on which the reporting person ceases to be a director of WNR, or on an earlier date as may be provided under the terms of the deferral.

Issuer

Western Refining, Inc.

CIK 0001339048

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001339048

Filing Metadata

Form type
4
Filed
Jun 28, 8:00 PM ET
Accepted
Jun 29, 8:23 PM ET
Size
6.4 KB