SIMON MELVIN J 4
4 · WESTELL TECHNOLOGIES INC · Filed Sep 18, 2009
Insider Transaction Report
Form 4
SIMON MELVIN J
Director10% Owner
Transactions
- Disposition to Issuer
Class A Common Stock
2009-09-17−20,000→ 10,000 total
Holdings
- 137,804(indirect: By Trust)
Class B Common Stock
Footnotes (3)
- [F1]Forfeiture of restricted stock pursuant to the 2004 Stock Incentive 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]The shares of Class B Common Stock listed are held pursuant to a Voting Trust Agreement dated February 23, 1994, as amended (the "Voting Trust"), among Robert C. Penny III and Melvin J. Simon, as trustees, and certain members of the Penny family and the Simon family. The Voting Trust contains 137,804 shares of Class B Common Stock held for the benefit of Mr. Simon.