Home/Filings/4/0001002135-15-000041
4//SEC Filing

WESTELL TECHNOLOGIES INC 4

Accession 0001002135-15-000041

CIK 0001002135operating

Filed

Sep 20, 8:00 PM ET

Accepted

Sep 21, 5:48 PM ET

Size

6.2 KB

Accession

0001002135-15-000041

Insider Transaction Report

Form 4
Period: 2015-09-18
PENNY ROBERT C III
Director10% Owner
Transactions
  • Award

    Class A Common Stock

    2015-09-18+15,00050,000 total
Holdings
  • Class B Common Stock

    (indirect: By Trust)
    4,832,131
Footnotes (3)
  • [F1]Grant of restricted stock, with 100% vesting on the first anniversary of the grant date, pursuant to the 2015 Omnibus Incentive Compensation Plan.
  • [F2]Holders of Class B Common Stock have four votes per share and holders of Class A Common Stock have one vote per share. Class B Common Stock is transferable only to certain transferees and is convertible into Class A Common Stock on a share-for-share basis.
  • [F3]Includes 3,846,492 shares of Class B Common Stock that are held pursuant to a Voting Trust Agreement dated February 23, 1994, as amended (the "Voting Trust"), among Robert C. Penny III, Robert W. Foskett and Patrick J. McDonough, Jr., as co-trustees, and certain members of the Penny family. Also includes 985,639 shares of Class B Common Stock held in trusts for which the Reporting Person's children are beneficiaries.

Issuer

WESTELL TECHNOLOGIES INC

CIK 0001002135

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001002135

Filing Metadata

Form type
4
Filed
Sep 20, 8:00 PM ET
Accepted
Sep 21, 5:48 PM ET
Size
6.2 KB