Home/Filings/4/0001002135-17-000066
4//SEC Filing

PENNY ROBERT C III 4

Accession 0001002135-17-000066

CIK 0001002135other

Filed

Sep 12, 8:00 PM ET

Accepted

Sep 13, 7:09 PM ET

Size

6.5 KB

Accession

0001002135-17-000066

Insider Transaction Report

Form 4
Period: 2017-09-12
PENNY ROBERT C III
Director10% Owner
Transactions
  • Award

    Class A Common Stock

    2017-09-12+9,73124,731 total
Holdings
  • Class B Common Stock

    (indirect: By Trust)
    1,208,032
Footnotes (4)
  • [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]All share numbers and stock prices presented in this filing are on a post-split basis to reflect the reverse stock split at a ratio of 1-for-4 which became effective June 7, 2017.
  • [F3]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.
  • [F4]Includes 961,623 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 246,409 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 typeother

Related Parties

1
  • filerCIK 0001242424

Filing Metadata

Form type
4
Filed
Sep 12, 8:00 PM ET
Accepted
Sep 13, 7:09 PM ET
Size
6.5 KB