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Western Refining Inc. (WNR)

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Insider Trading: Sales

Insider	Price	Amount	Total Value	Remaining Holdings	Date	Form 4
Schmidt Director	$18.00	23,575	$424,460.80	1,135,177	2012-02-06	Filing
Schmidt Director	$18.00	1,425	$25,650.00	1,158,752	2012-02-03	Filing
Schmidt Director	$17.00	25,000	$425,112.50	1,160,177	2012-02-01	Filing
Schmidt Director	$16.00	25,000	$400,002.50	1,185,177	2012-01-20	Filing
Schmidt Director	$15.02	25,000	$375,450.00	1,210,177	2012-01-12	Filing
Schmidt Director	$14.01	25,000	$350,182.50	1,235,177	2012-01-03	Filing
Schmidt Director	$13.01	25,000	$325,245.00	1,260,177	2011-12-21	Filing
Franklin Large Shareholder	$12.67	42,500	$538,271.00	17,404,581	2011-12-21	Filing
Franklin Large Shareholder	$12.39	42,500	$526,740.75	17,447,081	2011-12-20	Filing
Foster Large Shareholder, Officer, Director	$12.67	42,500	$538,271.00	17,404,581	2011-12-21	Filing
Foster Large Shareholder, Officer, Director	$12.66	21,250	$269,120.63	7,300,545	2011-12-21	Filing
Foster Large Shareholder, Officer, Director	$12.39	42,500	$526,740.75	17,447,081	2011-12-20	Filing
Foster Large Shareholder, Officer, Director	$12.39	21,250	$263,370.38	7,321,795	2011-12-20	Filing
Schmidt Director	$12.85	50,000	$642,335.00	1,285,177	2011-12-09	Filing
Franklin Large Shareholder	$12.92	42,500	$548,930.00	17,489,581	2011-12-06	Filing
Franklin Large Shareholder	$13.24	42,500	$562,606.50	17,532,081	2011-12-05	Filing
Foster Large Shareholder, Officer, Director	$12.92	42,500	$548,930.00	17,489,581	2011-12-06	Filing
Foster Large Shareholder, Officer, Director	$12.92	21,250	$274,465.00	7,343,045	2011-12-06	Filing
Foster Large Shareholder, Officer, Director	$13.24	42,500	$562,606.50	17,532,081	2011-12-05	Filing
Foster Large Shareholder, Officer, Director	$13.24	21,250	$281,309.63	7,364,295	2011-12-05	Filing