WEST CORP 4
4 · WEST CORP · Filed Mar 28, 2017
Insider Transaction Report
Form 4
WEST CORPWSTC
Beaumont Ronald R.
President Telecom/Safety Svcs
Transactions
- Award
Common Stock
2017-03-24+9,280→ 70,526 total - Award
Performance-based Restricted Stock Units
2017-03-24+13,920→ 43,920 total→ Common Stock (13,920 underlying)
Footnotes (2)
- [F1]Restricted stock granted under the terms of the West Corporation Amended and Restated 2013 Long-Term Incentive Plan. Under the terms of the restricted stock grant, the restricted stock vests as to one-fourth of the shares on each of the first four anniversary dates of March 1, 2017.
- [F2]Performance-based restricted stock units granted under the terms of the West Corporation 2013 Amended and Restated Long-Term Incentive Plan. Each restricted stock unit represents a contingent right to receive between zero and 1.75 shares of West common stock. Under the terms of the restricted stock unit grant, the restricted stock unit is subject to vesting based on the specified performance measure (total shareholder return) during the 3-year period beginning on March 1, 2017 and ending on February 29, 2020. Shares of West common stock will be delivered to the reporting person following the vesting date based on the specified performance measure.