WESTELL TECHNOLOGIES INC 4
4 · WESTELL TECHNOLOGIES INC · Filed Aug 19, 2014
Insider Transaction Report
Form 4
Shaver Christopher J.
VP, General Manager of CNS Div
Transactions
- Exercise/Conversion
Class A Common Stock
2014-08-18$1.67/sh+11,900$19,814→ 261,462 total - Exercise/Conversion
Employee Stock Option
2014-08-18$1.67/sh−11,900$19,814→ 11,900 totalExercise: $1.67Exp: 2015-05-13→ Class A Common Stock (11,900 underlying) - Sale
Class A Common Stock
2014-08-15$1.72/sh−10,407$17,909→ 251,055 total - Sale
Class A Common Stock
2014-08-18$1.72/sh−1,493$2,568→ 249,562 total
Footnotes (3)
- [F1]These shares were sold pursuant to the rule 10b5-1 sales plan.
- [F2]The price represents the weighted-average sales price for the multiple transactions reported on this line. The prices of the transactions range from $1.72 to $1.74. 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]Options were originally granted on 05/13/2008 and vested in equal installments over a five year period.