Swartwood Jesse 4
4 · WESTELL TECHNOLOGIES INC · Filed Apr 3, 2018
Insider Transaction Report
Form 4
Swartwood Jesse
SVP, Worldwide Sales
Transactions
- Award
Class A Common Stock
2018-04-02+25,000→ 78,794 total - Tax Payment
Class A Common Stock
2018-04-01$3.35/sh−2,306$7,725→ 53,794 total
Footnotes (2)
- [F1]Withholding of stock to satisfy statutory tax withholding obligations on vesting of restricted stock.
- [F2]The Compensation Committee approved an award of restricted stock units (RSUs) pursuant to the 2015 Omnibus Incentive Compensation Plan. The RSUs vest 33% annually beginning on April 2, 2019 and for each of the following two years concluding on April 2, 2021. Upon vesting, the RSUs convert into shares of Class A Common Stock on a one-for-one basis.