WESTELL TECHNOLOGIES INC 4
4 · WESTELL TECHNOLOGIES INC · Filed Nov 13, 2013
Insider Transaction Report
Form 4
PENNY ROBERT C III
Director10% Owner
Transactions
- Sale
Class A Common Stock
2013-11-11$4.00/sh−16,000$64,000→ 44,000 total - Sale
Class A Common Stock
2013-11-12$3.90/sh−8,523$33,250→ 35,477 total - Sale
Class A Common Stock
2013-11-13$3.90/sh−10,477$40,860→ 25,000 total
Holdings
- 4,832,131(indirect: By Trust)
Class B Common Stock
Footnotes (5)
- [F1]The price represents the sales price for multiple transactions reported on this line. Upon request of the SEC staff, the issuer or a stockholder, the reporting entity will provide full information regarding the number of shares sold at each transaction.
- [F2]The price represents the weighted-average sales price for multiple transactions reported on this line. The prices of the transactions range from $3.90 to $4.00. Upon request of the SEC staff, the issuer or a stockholder, the reporting entity will provide full information regarding the number of shares sold at each separate price.
- [F3]The price represents the weighted-average sales price for multiple transactions reported on this line. The prices of the transactions range from $3.90 to $3.9003. Upon request of the SEC staff, the issuer or a stockholder, the reporting entity will provide full information regarding the number of shares sold at each separate price.
- [F4]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.
- [F5]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 and Robert W. Foskett, 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.