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4//SEC Filing

PENNY ROBERT C III 4

Accession 0001403609-11-000006

CIK 0001002135other

Filed

Apr 3, 8:00 PM ET

Accepted

Apr 4, 3:29 PM ET

Size

6.1 KB

Accession

0001403609-11-000006

Insider Transaction Report

Form 4
Period: 2011-04-01
PENNY ROBERT C III
Director10% Owner
Transactions
  • Award

    Class A Common Stock

    2011-04-01+10,00040,000 total
Holdings
  • Class A Common Stock

    (indirect: By Trust)
    5,148,550
Footnotes (2)
  • [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]Includes 4,037,899 Class B Common Stock shares help pursuant to a Voting Trust Agreement dated February 23,1994, as amended, among Robert C. Penny III and Robert W. Foskett, as co-trustees, and certain members of the Penny family ("Voting Trust"). Also includes 125,012 shares of Class A Common Stock and 985,639 shares of Class B Common stock held in trusts for which the Reporting Person's children are beneficiaries. 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.

Issuer

WESTELL TECHNOLOGIES INC

CIK 0001002135

Entity typeother

Related Parties

1
  • filerCIK 0001242424

Filing Metadata

Form type
4
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 3:29 PM ET
Size
6.1 KB