SEC Form 4 · accession 0001209191-16-120212
Western Refining, Inc. · WNR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Paul L Foster
Officer — Chairman of BOD, Exec. Chair · Director · 10% Owner
Period of report
May 12, 2016
Accepted (ET)
May 16, 2016 · 12:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001339048
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | May 12, 2016 | P | 250,000 | $21.532 | A | 15,904,581 | I | By Franklin Mountain Investments Limited Partnership |
| Common StockF2,F4 | May 13, 2016 | P | 225,000 | $21.6538 | A | 16,129,581 | I | By Franklin Mountain Investments Limited Partnership |
| Common StockF2,F5 | May 13, 2016 | P | 25,000 | $21.7998 | A | 3,430,619 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1$21.5320 is the weighted average purchase price. The shares were purchased in various transactions through a broker at prices between $21.3200 per share and $21.7300 per share.
- F2The reporting person hereby undertakes to provide upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- F3Mr. Foster is the sole shareholder and President of Fanklin Mountain G.P., LLC, the General Partner of Franklin Mountain Investments Limited Partnership ("FMILP"), and as such, he may be deemed to have voting and dispositive power over the shares beneficially owned by FMILP.
- F4$21.6538 is the weighted average purchase price. The shares were purchased in various transactions through a broker at prices between $21.2700 per share and $22.0500 per share.
- F5$21.7998 is the weighted average purchase price. The shares were purchased in various transactions through a broker at prices between $21.5100 per share and $22.0300 per share.