0001209191-17-004886.txt : 20170120
0001209191-17-004886.hdr.sgml : 20170120
20170120163839
ACCESSION NUMBER: 0001209191-17-004886
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170118
FILED AS OF DATE: 20170120
DATE AS OF CHANGE: 20170120
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Western Refining, Inc.
CENTRAL INDEX KEY: 0001339048
STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911]
IRS NUMBER: 203472415
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 6500 TROWBRIDGE DRIVE
CITY: EL PASO
STATE: TX
ZIP: 79905
BUSINESS PHONE: (915) 775-3488
MAIL ADDRESS:
STREET 1: 6500 TROWBRIDGE DRIVE
CITY: EL PASO
STATE: TX
ZIP: 79905
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Davis Karen Berriman
CENTRAL INDEX KEY: 0001358598
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32721
FILM NUMBER: 17538910
MAIL ADDRESS:
STREET 1: 123 WEST MILLS AVENUE
STREET 2: SUITE 200
CITY: EL PASO
STATE: TX
ZIP: 79901
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-01-18
0
0001339048
Western Refining, Inc.
WNR
0001358598
Davis Karen Berriman
C/O WESTERN REFINING, INC.
212 N. CLARK ST.
EL PASO
TX
79905
0
1
0
0
EVP and CFO
Restricted Share Units
2017-01-18
4
A
0
11465
0.00
A
Common Stock
11465
11465
D
Phantom Stock
Common Stock
14709
14709
D
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.
11,465 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.
The 2017 RSU Award vests ratably on January 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.
Each share of phantom stock represents a contingent right to receive one share of WNR common stock or, at the election of the Compensation Committee of the Board, the cash value thereof. These shares of phantom stock were issued as compensation for services as an officer.
The phantom stock award granted to the reporting person on June 23, 2016 (the 2016a Phantom Stock Award") vests on January 17, 2018. The phantom stock award granted to the reporting person on June 23, 2016 (the "2016b Phantom Stock Award") vests ratably on January 17, 2018, and January 16, 2019. 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 70 days following the date on which the shares of phantom stock become vested.
These derivative securities include (a) 5,325 phantom stock shares that remain outstanding pursuant to the 2016a Phantom Stock Award and (b) 9,384 phantom stock shares that remain outstanding pursuant to the 2016b Phantom Stock Award.
/s/ Karen B. Davis
2017-01-20