Swartwood Jesse 4
4 · WESTELL TECHNOLOGIES INC · Filed Apr 3, 2019
Insider Transaction Report
Form 4
Swartwood Jesse
SVP, Worldwide Sales
Transactions
- Award
Class A Common Stock
2019-04-01+15,000→ 88,681 total - Tax Payment
Class A Common Stock
2019-04-02$2.20/sh−2,883$6,343→ 85,798 total - Tax Payment
Class A Common Stock
2019-04-01$2.16/sh−2,306$4,981→ 73,681 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 1, 2020 and for each of the following two years concluding on April 1, 2022. Upon vesting, the RSUs convert into shares of Class A Common Stock on a one-for-one basis.