Filing Details
- Accession Number:
- 0001008281-10-000001
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-10-28 17:58:21
- Reporting Period:
- 2010-08-10
- Filing Date:
- 2010-10-28
- Accepted Time:
- 2010-10-28 17:58:21
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1002135 | Westell Technologies Inc | WSTL | Telephone & Telegraph Apparatus (3661) | 363154957 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1008281 | J Melvin Simon | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock | Acquisiton | 2010-08-10 | 10,000 | $1.57 | 20,000 | No | 4 | M | Direct | |
Class A Common Stock | Disposition | 2010-08-10 | 10,000 | $2.20 | 10,000 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Employee Stock Option | Disposition | 2010-08-10 | 10,000 | $1.57 | 10,000 | $1.57 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class B Common Stock | 137,804 | Indirect | Voting Trust |
Footnotes
- 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.
- The Shares of Class B Common Stock listed are held pursuant to a Voting Trust Agreement dated February 23, 1994, as amended ( the "Voting Trust"), among Robert C. Penny and Melvin J. Simon, as trustees, and certain members of the Penny family and the Simon family. The Voting Trust contains 137,804 shares of Class B Common Stock held for the benefit of Mr. Simon.
- This option was granted on 4/1/2002 and vested in equal annual installments over 5 years from the date of grant.
- The original option life was 10 years, but pursuant to the 2004 Stock Incentive Plan Mr. Simon has one year to exercise from his retirement date of 9/17/2009.