Foskett Robert W 4
4 · WESTELL TECHNOLOGIES INC · Filed Apr 2, 2010
Insider Transaction Report
Form 4
Foskett Robert W
Director
Transactions
- Award
Class A Common Stock
2010-04-01+10,000→ 30,000 total
Holdings
- 564,835(indirect: By Trust)
Class B. Common Stock
Footnotes (3)
- [F1]Grant of restricted stock, with 25% vesting on the first four anniversary dates of the grant, 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 564,835 shares of Class B Common Stock held for the benefit of Mr. Foskett.