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4//SEC Filing

Western Refining, Inc. 4

Accession 0001209191-17-004843

CIK 0001339048operating

Filed

Jan 19, 7:00 PM ET

Accepted

Jan 20, 4:20 PM ET

Size

6.4 KB

Accession

0001209191-17-004843

Insider Transaction Report

Form 4
Period: 2017-01-18
Transactions
  • Award

    Restricted Share Units

    2017-01-18+4,25719,137 total
    Common Stock (4,257 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]These RSUs are scheduled to vest on January 17, 2018. The vested shares underlying the RSUs, 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.
  • [F3]This number of derivative securities, awarded as compensation for services as a director, includes (a) 4,257 shares which vest on January 17, 2018, (b) 8,183 that remain outstanding pursuant to an RSU award granted on June 27, 2016, which are scheduled to vest on June 27, 2017, and (c) 6,697 RSUs which have vested, each of which are subject to a deferral election made by the reporting person. The 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
Jan 19, 7:00 PM ET
Accepted
Jan 20, 4:20 PM ET
Size
6.4 KB