SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Petry Mark R

(Last) (First) (Middle)
1099 18TH STREET

(Street)
DENVER CO 80202

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/01/2006
3. Issuer Name and Ticker or Trading Symbol
WESTERN GAS RESOURCES INC [ WGR ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP - Land
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 19,852(1) D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) 09/22/2004 09/22/2009(2) Common Stock 3,000 $19.015 D
Stock Option (Right to Buy) 09/17/2005 09/17/2010(3) Common Stock 4,334 $28.35 D
Stock Option (Right to Buy) 05/19/2006 05/19/2011(4) Common Stock 7,600 $31.85 D
Stock Option (Right to Buy) 02/24/2007 02/24/2012(5) Common Stock 11,299 $43.43 D
Explanation of Responses:
1. Includes 5,286 shares of Common Stock of Western Gas Resources, Inc., subject to vesting restrictions.
2. On September 22, 2003, Reporting Person was granted options to purchase 9,000 shares of Western Gas Resources, Inc. common stock. Options vest in 1/3 annual increments commencing on the first anniversary of the grant date and expire on the earlier of five years from vesting or on September 22, 2013.
3. On September 17, 2004, Reporting Person was granted options to purchase 6,500 shares of Western Gas Resources, Inc. common stock. Options vest in 1/3 annual increments commencing on the first anniversary of the grant date and expire on the earlier of five years from vesting or on September 17, 2014.
4. On May 19, 2005, Reporting Person was granted options to purchase 7,600 shares of Western Gas Resources, Inc. common stock. Options vest in 1/3 annual increments commencing on the first anniversary of the grant date and expire on the earlier of five years from vesting or on September 17, 2012.
5. On February 24, 2006, Reporting Person granted options to acquire 11,299 shares of Common Stock of Western Gas Resources, Inc. Options vest in 1/3 increments commencing on the first anniversary of the grant date and expire on the earlier of 5 years from the date of vesting or on February 24, 2013.
/s/ Mark R. Petry 03/03/2006
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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