Home/Filings/4/0001209191-17-004865
4//SEC Filing

Western Refining, Inc. 4

Accession 0001209191-17-004865

CIK 0001339048operating

Filed

Jan 19, 7:00 PM ET

Accepted

Jan 20, 4:32 PM ET

Size

7.0 KB

Accession

0001209191-17-004865

Insider Transaction Report

Form 4
Period: 2017-01-18
Barfield Lowry
Sr. VP Legal Gen Counsel & Sec
Transactions
  • Award

    Restricted Share Units

    2017-01-18+11,50779,319 total
    Common Stock (11,507 underlying)
Footnotes (4)
  • [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 "Board"), the cash value thereof. The RSUs were issued as compensation for services as an officer.
  • [F2]11,507 RSUs were awarded pursuant to an RSU Award Agreement (the "2017 RSU Award"). These RSUs were awarded to the reporting person as compensation for services as an officer.
  • [F3]The 2017 RSU Award vests ratably on Jaunary 17, 2018, January 16, 2019, and January 15, 2020. Shares of WNR common stock or, at the election of the Compensation Committee of the Board, the cash 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.
  • [F4]These derivative securities includes (a) 7,898 RSUs that remain outstanding pursuant to the award granted March 26, 2013; (b) 5,463 RSUs that remain outstanding pursuant to the award granted March 26, 2014; (c) 9,211 RSUs that remain outstanding pursuant to the award issued in partial settlement of the 2014 Annual Performance Bonus Program for Executive Officers granted March 26, 2015; (d) 3,070 RSUs that remain outstanding pursuant to the award granted March 26, 2015; (e) 28,113 RSUs that remain outstanding pursuant to the award issued in partial settlement of the 2015 Annual Performance Bonus Program for Executive Officers granted March 28, 2016; (f) 14,057 RSUs that remain outstanding pursuant to the award granted March 28, 2016; and (g) 11,507 RSUs that remain outstanding pursuant to the 2017 RSU Award.

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, 4:32 PM ET
Size
7.0 KB