John Alfred S 4
4 · WESTELL TECHNOLOGIES INC · Filed May 22, 2018
Insider Transaction Report
Form 4
John Alfred S
President & CEO
Transactions
- Award
Class A Common Stock
2018-05-21+50,000→ 50,000 total - Award
Employee NQ Stock Option
2018-05-21+100,000→ 100,000 totalExercise: $3.14Exp: 2025-05-21→ Class A Common Stock (100,000 underlying)
Footnotes (2)
- [F1]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 May 21, 2019 and for each of the following two years concluding on May 21, 2021. Upon vesting, the RSUs convert into shares of Class A Common Stock on a one-for-one basis.
- [F2]The Compensation Committee approved an award of non-qualified stock options pursuant to the 2015 Omnibus Incentive Compensation Plan. The options vest 33% annually beginning on May 21, 2019 and for each of the following two years concluding on May 21, 2021.